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$BTC 7.27 Bitcoin price today: Bitcoin is currently at the 118,000 level, and there has been no change in the overall structure. This move has already completed its c wave, with the bottom at the 114667 position, which means the entire fourth wave officially ended yesterday, and the rise of the fifth wave has officially begun.
The next steps are very clear: set the stop-loss point at 114667 and start going long on the fifth wave. More importantly, the direction is now clear, and the target for the fifth wave is also very clear, which is to challenge the previous high and even reach a new high.
In summary, currently below 118000, you can directly build long positions in batches, there hasn't been much of a pullback overnight, so there's no need to wait for an exact position.