I looked at the Bitcoin chart and it appears that a wave pattern of wxyxz formation is ongoing. Currently, the z wave is moving upward and may attempt to break the level of 76,000. An interesting aspect of this wave chart is that the z wave is moving in a three zig-zag structure. The second zig-zag has already been completed, and now the third zig-zag could go upward. According to wave chart analysis, this is an interesting setup. Keep in mind, this is only a structural analysis, not trading advice.

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