12.30
$BTC Bitcoin Price Today: Bitcoin is currently around 87,000. To be clear, do not go long at this position; this round of decline has not yet ended. From an overall structure perspective, after Bitcoin's retreat from a high level, the middle section is entirely a consolidation zone during the downward process.
From a smaller timeframe perspective, short-term rebounds are still possible, but regardless of how it moves, the final rhythm is only one: it needs to make another move downward, at least breaking below 84,398. Under normal circumstances, it could see around 82,000. Whether it is