#BTC重回10万

Market Analysis: BTC

Since the correction from 108K, Bitcoin has experienced a three-wave corrective trend, and yesterday it successfully broke through 97700, indicating that it is in a wedge consolidation.

The bearish trend since the high point of 102k has been broken, and the market is currently consolidating within the reversal signal range, waiting for the reversal, completing the corrective trend since 108k and likely starting a new upward trend.

The market is currently at the end of the correction, completing the consolidation phase before the reversal.

The most crucial opportunity for the market's subsequent trend is undoubtedly Trump's official inauguration.

The market's trend is already aligning with this opportunity.