#BTC The watershed for Bitcoin has arrived, is it breaking 8.6K or returning to 6.8K!!! Yesterday, Bitcoin surged strongly, then faced resistance and pulled back, during which the structure was interesting, with a short-term wave ⑤ upward attack, and wave ② retracement (generally wave ⑤ will retrace from wave ① to ②). On a larger scale, it has reached the Bitcoin watershed stage, after the halving, the market is undergoing correction and consolidation, with the upper high points moving up, and the lower low points moving up, and when the third high or low appears, it indicates the correction phase is nearing its end. Currently, the upper side is in the third peak of the parallel upward range. If it breaks through again with an upward move, it will break the parallel range, and Bitcoin may continue to rise, potentially reaching the 8.6K to 9K level. If not broken, then returning within the parallel range, it will test the lower parallel upward low points in the 6.8K to 7.1K area. #比特币反弹