$BTC 6.27 Bitcoin price today: Bitcoin is currently at 107,000, and the medium term outlook remains bullish. Starting from 74,457 to 111,959, this move is a large degree wave a, 98,000 has completed the wave b pullback, and now we are officially entering the large degree wave c rise, with the target unchanged, looking at 130,000.

For those who want to get on board again, it's important to clarify one thing: regardless of whether you use wave theory or support and resistance analysis, the exact position of the pullback is uncertain—it could be at the Fibonacci retracement levels of 0.236, 0.382, 0.5, or even 0.618. From a community system perspective, the short-term support area is roughly around 104,000 to 105,000, but whether it can hold depends on structural developments.

In summary, the medium term remains bullish, the pullback position of the small structure is uncertain, and gradually entering with low leverage is still the optimal solution.