$BTC 6.21 Bitcoin price today: Bitcoin is currently at 103,000, and the overall direction has not changed. Bitcoin has risen from 74,000 to 111,959. After this entire rise, it has entered the adjustment phase of wave b. This wave b is a large-scale wide fluctuation, and after the fluctuation ends, it will enter wave c, which is the final rise, with the target still looking above 130,000. This expectation has never changed.
The key now lies in how this wave B fluctuation will develop. Currently, there are two possibilities: one is a triangle adjustment, and the other is an expanding triangle. From the structure, we previously believed that wave C had ended, but based on last night's market performance, it may still be continuing, hence it is more inclined to be an expanding triangle structure.
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$BTC 6.21 Bitcoin price today: Bitcoin is currently at 103,000, and the overall direction has not changed. Bitcoin has risen from 74,000 to 111,959. After this entire rise, it has entered the adjustment phase of wave b. This wave b is a large-scale wide fluctuation, and after the fluctuation ends, it will enter wave c, which is the final rise, with the target still looking above 130,000. This expectation has never changed.
The key now lies in how this wave B fluctuation will develop. Currently, there are two possibilities: one is a triangle adjustment, and the other is an expanding triangle. From the structure, we previously believed that wave C had ended, but based on last night's market performance, it may still be continuing, hence it is more inclined to be an expanding triangle structure.