Bitcoin market analysis

Bitcoin is currently in the oscillating stage of the upward upgrade center, mainly the wave structure of ABC. Wave C is not over yet, there are two possibilities: one is the white line, which has completed five waves and is about to start a new round of rise; the other is the red line, which is still in the shock of the fourth wave and needs to fall again once.
The latter is currently preferred, because from a small level, there is no new five-wave rising structure, but a continuation of the decline. Therefore, it is expected that there will be repeated fluctuations here, and then it will fall again, break the previous low and support level, and complete 5 waves. This process may take around 10 days.
Around 24,000 is a key position, and it is the range of our main order. It is recommended to only do short-term operations with small positions during the shock period in the middle, and wait until the position near 24,000 before making the main long order.
Billing suggestions
During the period of sideways fluctuations, it is recommended to place small orders, and there are opportunities for both long and short positions. Do the main long order around 24,000 and wait for the rise.