BTC is currently trying to reach the FIB 50% level area first, namely: 92k.. now it’s limping a bit because the market is still full of caution, so its movement is a bit unclear and time-consuming due to the initial transition phase from the correction into an upward impulse. Remember, this rise happened after the correction 126200-57.8k
The current increase can be considered as wave/leg ii,
which means this leg ii could develop into leg iii moving downward to continue the correction, or it could actually be the beginning of the upward impulsive leg and not drop down—but instead continue higher with a reasonable internal correction. The market will decide which way to go.
#BTC走势分析
$SAGA