$BTC 8.12 Bitcoin Trend Analysis
The large cycle of Bitcoin's 5th wave has completed, with the rise since 15443 likely ending at 123300.
The 5th wave is in a wedge structure, and the current structure is also complete, breaking below the support of 115,000~116,000 confirms the peak.
The first target for the decline is around 95000, and the second target starts with the number 7.
Long positions exit, waiting for opportunities to set up short positions.