Bitcoin's mid-term bull market is coming! 10-21 market interpretation.

Earlier, I made several opinions about the medium-term trend of Bitcoin.

One: the end of the 69,000-15,000 rally wave ending at $31,800.

Second: the end of the 69,000-15,000 rebound wave A ending at $31,000.

Third: the end of the 69,000-15,000 rebound wave A ending at $31,800.

Among the several sets of plans, the second or third is nothing more than the adjustment of the structure, proportion, strength, time dimension, etc., but all of them are divided by the rebound wave and the end of the wave.

Among them, the subsequent trend of trend 1 is the same level of wave C or wave 3 is the monthly level of the big C wave down

His goal is to base it on a breakdown of $15XXX, and as for where to go after the breakdown, that's going to be market validation.

Among them, trend 2 is followed by 31000-24900 for wave Ba 249000-31800 is wave bb, and this section is composed of strong B of the rebound wave.

(Strong B wave is a type of trend formed by the starting point of breaking wave A) 31800-24900 is wave Bc, then the subsequent trend is the overall wave C

Wave C is a weekly pen According to AC equidistant calculations, the target of wave C is 40438 US dollars, and the minimum target is to break through 31800 US dollars, which can be completed at any time

Among them, trend 3 is the end of wave A at $31800, but it is not complete and equal to the entire rebound wave structure

The daily decline of $31800-24900 is a wave structure of 24900-30300 or ???? USD

Followed by a mid-level daily pen decline to complete the wave B structure of the entire weekly line, and at the same time wave B structure to complete the wave C main rising wave at any time.

The above are a few views on the trend of the medium-term level.

Suppose the pie breaks through $31,800, then you have to reject Option 1 Option 3 In fact, some time ago I proposed $28,600 as the dividing line between bulls and bears in the medium term.

The trend since 24900 is at the end of wave 5 5-5 or a state where wave 5 does not end, or a three-saw trend that is viewed according to a rebound wave, there is a divergence here.

We need to judge by the subsequent retracement structure, strength and time, but the short-term must not be able to chase more.

Wait patiently to step back, if you are short The trend is currently so strong The right side of the hour level will be better The left mold top Usually many traders die like this. And you have a certain amount of resilience that would otherwise be difficult.

LINK: Upper pressure 9-9.8 US dollars The bottom has been consolidating for more than a year The level has broken through the next level, and we observe the breakout state.

The above analysis is only a brick and a jade, welcome to the axe! No basis for investment!