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$BTC 8.12 Bitcoin market analysis
The large cycle of Bitcoin's 5-wave rise is complete, with the rise from 15443 likely ending at 123300.
The 5th wave is in a wedge structure, and the current structure is 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.
#开单建议
Close long positions and wait for opportunities to set up short positions.
#BTC走势分析 #Bitcoin Trend Analysis