$BTC 12.9 Bitcoin Price Today: Bitcoin is currently around 91,000. In recent days, the market has been volatile and complex in structure. Since the rise from 80,537, Bitcoin has overall maintained an upward consolidation structure, with no change in this direction—only that the consolidation patterns have become increasingly complex.

Looking at the current structure, the market is most likely forming a consolidation triangle. Once the triangle consolidation is complete, there will be a new round of upward movement of the same magnitude as the previous rise from 80,537.

Within the triangle, the overall pattern is an ABCDE five-wave structure, and we are currently in the final E wave. Once the E wave is complete, a new upward movement will begin. However, we still need to guard against one scenario: a breakdown of the lower boundary of the triangle. If the E wave dips further and breaks the lower boundary, we should be prepared to add more long positions near the lower boundary.

In summary, the view that wave C4 still has a significant upward move remains unchanged. The consolidation structure has formed a triangle consolidation zone, and we are currently in the final e wave of this consolidation. Once complete, there will be a C wave rally. It is expected to open long positions in the 89-88 range near the lower boundary of the triangle, and be prepared to increase positions once more if a breakdown occurs.