$BTC 3.29 Bitcoin price today: From the perspective of the overall market structure, Bitcoin is in the fourth wave of consolidation, and is expected to continue to rise to more than 80,000 in the future. At present, the fourth wave of consolidation may present an ABC structure or a triangle pattern. If it falls below the 62,000 support, it is necessary to pay attention to the lower support level. Overall, the general bullish direction remains unchanged, but the intermediate shock area is more complicated.
In the small-level analysis, the group reminded yesterday to clear the short position of Bitcoin and switch to long positions of altcoins. The upper track of the channel is around 73,000, and observe whether there is a chance to touch it.
