$BTC 6.19 Bitcoin price today: Bitcoin is currently trading around 105,000. From the current structure, there are two possible oscillation patterns for Bitcoin. One is a converging triangle adjustment structure, and it is currently in a triangular range. The current position may be the end of the e-wave of the red route. If the structure holds, this position will be the endpoint of the pullback, and from here it will break directly upward, targeting 130,000. This is the path of the red route.

Another possibility is the yellow route, which means we are still in the process of wave b, and this segment structure is a more complex structure. The current position may be a triangle consolidation of wave BB. After it is completed, there will be a wave BC pullback downwards. Only after this pullback is the entire wave b truly completed, and then we will start the upward movement towards 130,000. In other words, this is not the starting point for a rise, but a transitional stage, and there will be another wave of selling later.

Confirm the initiation of the 130,000 transaction when breaking through 109,000, with the structure being the yellow route; when breaking below 103,000, confirm the white route, and support needs to be found around 95,000 before initiating the 130,000 transaction; the current thinking is still to go long, with a close stop loss; first, observe today's rebound situation.