$BTC 8.11 Bitcoin price today: Bitcoin has currently risen to the 119,000 level. Yesterday we mentioned that we could continue to place long orders within the consolidation range. Now it seems that this descending channel has been effectively broken, indicating that there is not much resistance ahead, and the probability of a pump is very high. Partners holding long orders can just hold on.



The rhythm here for Ethereum is different; it is currently in the fourth wave of consolidation on a smaller scale, which is the end of its three-wave rise. Once the fourth wave is completed, it will make another upward move, which is basically close to its peak. Bitcoin is also in the last upward movement, with a wedge structure starting from 74,457 now nearing its end. Once it breaks through the high point, it could end at any time.

In summary, continue to hold the Bitcoin long order.
BTC0.06%
ETH1.08%
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