2025-07-17 BTC Market Analysis and Prediction, the center is still under construction, there is no risk of a sharp decline, and it is very likely to rise further.

Today, BTC overall is still maintaining the fluctuating trend we predicted yesterday. Although the price touched 120,000 in the early hours and then retreated again, the large-scale structure has not changed, and there is no risk of a waterfall in the short term.

The real top takes time to build, which is known as 'top formation', so fluctuations and further rises are inevitable.

Therefore, even if only a tail end market is left, everyone should still boldly buy on dips in the short term, as there will definitely be another wave reaching previous highs or even new highs.

Market Analysis

4h

Today's hourly structure has basically not changed, and it is roughly the same as my prediction for the 4h trend yesterday, so I will not repeat it. Everyone can continue to refer to the trend direction indicated by the black arrows in the chart.

Short-term

15m

To emphasize again, because the short-term large-scale upward trend has not changed, we should still focus on buying on dips in our operations, with target retracement areas at 117000, 116000, and 115000. After reaching these target levels, we should still boldly buy.