$BTC #BTC #BTC再创新高
From the daily chart, the current market has already gone through three major movements:
The first wave surged directly from 49,000 to 109,000 dollars, a primary upward wave at the daily level;
The second wave corrected to around 74,000 dollars, a normal adjustment at the daily level;
The third wave started from 74,000 dollars and is currently challenging the 110,000 dollar mark, but this upward movement on the daily chart is not yet complete—there are still two smaller structures at the 4-hour level that need to be fulfilled.
Personally, I judge that this third wave is likely to touch the 120,000 to 130,000 range, but don't expect it to jump directly to 150,000. There is likely to be a retracement after reaching 120,000 to 130,000, meaning that there will probably be a fourth wave of daily-level correction, which could drop to around 90,000 dollars to find support.
Once this fourth wave correction is complete, the fifth wave of the primary upward trend at the daily level will truly gain momentum, and then we can aim for above 150,000 dollars. The entire rhythm is like playing a whac-a-mole game, going up three steps and retreating two steps, but the overall direction is a spiral upward movement.