In the recent week of market activity, Bitcoin experienced a wave of consolidation and a V-shaped reversal, first dropping from the position of 73620 down to around 67800, and then with the U.S. elections and Trump's victory, it V-reversed again, breaking through the historical high, reaching a new peak of 76850, creating another round of historical highs. This is a miracle.

On the 4-hour level, starting from 49000, this upward trend has already completed 7 waves on the daily chart. If the upcoming 7th wave of the 4-hour upward movement cannot break through the 77000-77500 range, then a daily level correction is likely to occur in mid to late November. If the current 4-hour upward movement can break through 77500, then it should continue to rise, completing the 8th wave of the 4-hour upward trend, which could take it to around 80000.

Of course, the 70000 level below is also an important support point. If there is a subsequent correction that falls below 70000 again, we could see a daily level correction. Until it breaks below, we cannot be certain and can only observe the 4-hour correction structure. #分析师预测 #分析师观点