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$BTC 7.16 Bitcoin trend analysis
Bitcoin is nearing the end of its rise, the next medium-term cycle is a decline, expected to break below 98000.
Currently, the expectations for the red and yellow trends cannot confirm where the end point of this medium-term upward cycle is.
Tending towards a red wave 5 upward structure, with a subsequent wave 5 rise, pushing above 130,000.
#Order Suggestion
Close Bitcoin long positions and remain on the sidelines.
#比特币走势分析 # BTC trend analysis $BTC 7.16 Bitcoin trend analysis
Bitcoin is nearing the end of its rise, and the next medium-term cycle is a decline, expected to break below 98000.
Currently, the trends of red and yellow cannot confirm where the end point of this round of medium-term upward cycle is.
Tending towards a red wave 5 upward structure, with a further wave 5 upward to push above 130,000.
#Open Order Suggestions
Close Bitcoin long positions and remain cautious.
#比特币走势分析 # BTC trend analysis