🚨Bitcoin is about to break 100,000⁉️💥 New high breakthrough, bears collapse, bullish frenzy!😱🔥
$BTC dropped to $92,800 last night, which should have continued to decline, but broke through the previous high of $95,800 with strong volume at 6 PM tonight! The four-hour wave pattern calculation has failed, the wedge pattern has broken, continuing the bullish trend, and wave theory is no longer applicable, now bullish is the main view!
Daily trend looks bullish
The daily fourth wave has ended, the fifth wave has started! If the fourth wave retracement is small, the fifth wave may see a significant rise, targeting a new high!
Operational Strategy
Do not place short positions between 97,000-97,500, bulls are dominant!
If it closes above $96,000 at 8 PM, take a long position, add positions at $94,800-$94,500, stop loss at $92,800, take profit at $100,000-$102,000.
If it does not exceed $96,000, wait to enter long at the retracement of $95,000-$94,800, stop loss at $92,800, take profit at $100,000-$102,000.