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$BTC 7.8 Analysis of Bitcoin movement
The large Bitcoin target of 130,000 has not changed, currently still lacking one last drop of wave Y to wash out.
If it reaches a high point, surpassing the small high point of 110530 on July 3, forming a guiding wedge structure, then the decline will be shallower, with a target around 103000.
If it does not reach a high point, then the decline will be deeper, with a target decline of around 100000.
Breaking through 106700 confirms the arrival of wave Y.
#Opening Suggestions
Short around 112000, wait for the Y wave drop to finish before placing a medium to long-term buy position.
#比特币走势分析 Analysis of BTC movements