$BTC 7.14 Bitcoin Trend Analysis
Bitcoin reached around 119500, nearing the expected target of 130000. Currently, there are two expectations:
1. White Line: 5-wave upward structure, currently in the 3rd wave up, with another 5th wave up after a correction.
2. Yellow Line: ABC upward structure, currently in the final C wave up, which will end the upward movement early.
Currently, the upward movement is not finished; if it breaks below the lower channel line, the upward movement will end.
Continue to hold the existing long positions. Buy more near the correction to 116000-117000.