Bitcoin Trend Analysis Ahead of NFP Data and Crypto Summit

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Bitcoin (BTC) has completed a clear five-wave uptrend, followed by an ongoing corrective five-wave decline. The fourth wave appears to be completed, and a final leg down to the $82,500 range is is on the horizon and likely to complete the correction.

Despite this, I’m taking a bullish stance today. With the NFP data release and the Crypto Summit expected to influence market sentiment, Bitcoin could rally higher than anticipated—potentially reaching $102K and beyond.

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