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$BTC 9.27 Bitcoin price today: Bitcoin is currently trading around 109,000, and the overall structure is still in a wide range of fluctuations. Previously, we adjusted our perspective on September 24, believing that the y wave would not unfold quickly and directly, but would first oscillate repeatedly within the range before making a move upward, and only then would it enter the y wave.
From a smaller scale perspective, Bitcoin has been following a double sawtooth downward structure since its drop from 117,875. Now it only needs one last small low point, probably around 108,700 or even a little lower for a spike. This way, the structure of wave c will be complete. Once this move is finished, we will continue to buy long at the bottom, which remains unchanged.
To sum up, the view of the overall band structure on 9.23.24 has not changed, and the small structure may hit a low point again. When Bitcoin hits a low point again, you can take long in batches, and you don't need to panic if you control your position.