$BTC 7.16 Bitcoin Trend Analysis
Bitcoin is nearing the end of its rise, the next medium-term cycle is expected to be a decline, projected to drop below 98000.
Currently, there are two expected trends: red and yellow, and it cannot yet be confirmed where the end point of this medium-term upward cycle is.
There is a tendency for the red wave 5 upward structure, with one more upward wave 5 to push above 130,000.
Exit Bitcoin long positions, mainly observing.
