Bitcoin's market has strongly broken through the descending channel, confirming a trend reversal. After the main force completed a dual-direction washout, the trend has formed a clear V-shaped reversal. The current technical structure indicates that a trend reversal will follow a small 5-wave upward structure, with the target for the small 5-wave upward movement estimated around 110,800.
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🚨 #BTC real-time strategy alert
Bitcoin's market has strongly broken through the descending channel, confirming a trend reversal. After the main force completed a dual-direction washout, the trend has formed a clear V-shaped reversal.
The current technical structure indicates that a trend reversal will follow a small 5-wave upward structure, with the target for the small 5-wave upward movement estimated around 110,800.