$BTC 7.9 Bitcoin Trend Analysis
The overall target for Bitcoin remains at 130,000, and it currently leans towards a wedge structure guided by the white line.
An increase is expected to exceed the small peak of 110,530 on July 3rd, and the subsequent Y wave decline will be relatively shallow, targeting around 103,000.
Holding a short position around 108,000, waiting for an upward breakout. Planning to set up medium to long-term long positions after the completion of the Y wave decline.