Currently, Bitcoin has already completed the second wave pattern. After a three-month decline, it stabilized and adjusted. The first wave started at 87,000, ended at 96,700, then retraced to 90,500, and the second wave started up to 97,800. It has now retraced to 95,000-95,800. A deeper retracement to 92,000-93,000 would be healthier. Whether the retracement stops on Friday night or continues is uncertain. The best approach now is to stay out of the market and wait.

BTC0,37%

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