$Strategy(MSTR.US) Following this morning's analysis of Bitcoin's trend, let's conduct a more detailed technical analysis. This morning at 66k, it was pointed out that Bitcoin showed a minor upward impulse wave (five-wave pattern), indicating a potential new upward trend. The previous orange five-wave pattern in the chart rose by over $13,800, so the next upward movement could be 0.618x, 1x, or 1.618x and above of the previous segment. If this is the third wave of a major five-wave pattern, its rise is more likely to be 1x or 1.618x and above. Calculating based on 1x of the first major segment, the target price should be above 77k (refer to the price range markers on the right side of the chart). Of course, this upward movement won't happen overnight, and fluctuations during the process are normal. To determine when this third major segment ends or fails, here's a method: if the price drops by more than the white ABC price range (approximately $4,800), it can be judged that the third segment has ended or failed.

The above is for technical analysis discussion only and not for investment reference~