For the short to medium-term trend judgment of BTC, I mainly estimated these two scenarios:
Riding on the upward trend line, forming a box oscillation at a high level, and choosing to break through directly upwards.
Breaking down the box oscillation structure formed at a high level, then retracing to the support around the 89000 line, completing a box multiple retracement, and after the retracement is completed, starting to rise and refresh the historical high.
If the first trend path is followed, it can only be said that this trend is very strong, extremely strong.
The final price at the bull peak will be beyond the expectations of most people.
But what is the current situation?
Compared to the market in October 2023 and October 2024, this wave of those missing out has increased by more than three times.
Moreover, those who missed out want to chase the rise, but the market does not give them the opportunity to pull back; those who want to chase directly are also afraid to do so…
It can only be said that the market is indeed always changing, the participating groups are different, and the rhythm of the trend is also different.
The previous two years of the bull market were a steady and gradual rise.
But this bull tail is the real violent bull market.
btc
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