$BTC 11.14 Bitcoin price today's market: Last night, Bitcoin hit a new low again, dropping to 97,950. The new low indicates that the minor structure has changed, but the medium to long term structure that everyone is most concerned about, I can clearly tell everyone - there is no change.

The logic of the fifth wave rising after the fourth wave remains valid; however, the structure of the fourth wave has become more complex. The current lower point is still within the structure of the fourth wave, which has not been completed, but is just being extended.
Originally, we thought that the decline structure of WXY had ended, but with the emergence of a new low, the structure has been redefined into a more standard ABC decline, and the C wave presents a terminal wedge. The entire structure coming down from 126,272 is a three-part decline, a typical combination of three waves, three waves, and three waves, which is characteristic of a terminal wedge.
In summary, the medium to long term structure remains unchanged, continuing to look for a 5-5 wave upward.$BTC