$BTC Bitcoin price today: Bitcoin is currently around 107,356.62 USD. The medium to long term market structure remains unchanged, with the target still at the 70,000 range, and the medium term target around 98. A few days ago, we already reminded that the short order in the upper medium to long term was fully taken profit at this position, because we need to wait for a pullback before reopening.
The short-term structure has seen some changes in the past few days. Bitcoin has dropped from 124,545 to now, and if it does not break below 107,000, the W wave has ended, which means its rebound h