Bitcoin has been consolidating in a range for two months, facing two structural choices. One of the current positions is directly above 35,000, while the other one first breaks down to around 20,000 before rising.
According to the wave structure analysis, there is currently no downward trend structure, but an adjustment wave pattern of 333, indicating that 28600 is not a top, so it tends to go straight up, and is expected to hit a high point upwards. Last night's pin added to long Bitcoin positions.
Continue to hold long positions in Bitcoin, and add long positions at 27600, with a stop loss of 27100.
