2.18 Bitcoin’s midline market structure shows a double-saw rising pattern, including an ABC structure and a long period of consolidation. In the second zigzag structure, the b-wave consolidation time is insufficient. The current strong rebound is defined as a strong platform-type b-wave rise.The expected benefit of the halving is around April 28. Historically, the first two months of the Bitcoin halving were accompanied by violent fluctuations, such as a sharp decline and a slow recovery after stabilization. Regarding the current structural changes, we need to pay attention to whether there will be another C-wave structure.
