$BTC 4.12 Bitcoin price today: Bitcoin price has been fluctuating in the range of 73,000 to 60,000 for about 29 days, and will continue to rise after the fluctuation ends.
There are two possibilities for short-term fluctuations: one is to follow the wave structure of wxyxz, which has ended the z wave and is now starting to rise in the five-wave structure; the other is to form a large-scale ABC structure, and there will be a C wave drop. Focus on whether the upper trend line around 73,000 can be quickly broken through. If the breakthrough is difficult, it may form a large-scale ABC structure and then rise.
At present, Bitcoin long orders continue to be held, and pay close attention to the breakthrough. Yesterday, ordi long orders were arranged to break through the consolidation zone. Other currencies such as $PEPE and $BAT also have the opportunity to break through the consolidation zone, so it is recommended to pay close attention.