$BTC 7.19 Bitcoin Trend Analysis
Bitcoin is nearing the end of its rise, and the next medium-term cycle is a decline, expected to fall below 98000.
Currently leaning towards a red wave 5 upward structure, in the 4th wave correction, which normally will break below 115700.
After the correction, there will be a 5th wave upward, pushing above 130000.
1. If it drops to around 111000, buy on the left side.
2. If it only drops to 115000, then break through the descending trend line and buy on the right side.
