$BTC Go long? Only when the uptrend structure (75K to 87.3K) is completed do we need the pullback to take more time to end. Ideally, the pullback should finish after the vertical green line, not before. The ABC structure we have formed may just be the A leg of a larger ABC structure. In any case, if price reaches the lower 16-hour order block, then going long and trying it looks reasonable. However, the uptrend structure may not have completed yet. We will see the result soon. If price rises in a five-wave structure, then the depicted pullback is invalid. In that case, we expect the larger uptrend structure to end with a new high. But if price rises in a three-wave structure, then what’s shown in the chart is very likely to occur.#BTC #BTC走势分析
