The medium to long-term WXY decline structure of Bitcoin suggests that the X wave rebound may have already ended. Currently, observe whether a lower point can be made on a smaller scale to break 91,920, forming a 5-wave downward trend structure. If this occurs, it indicates the end of the X wave rebound, and subsequent trades should consider shorting on rallies.
Risk Warning This is only an analysis of market structure and does not constitute any trading advice.
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$BTC 1.20 Bitcoin Price Trend Analysis
The medium to long-term WXY decline structure of Bitcoin suggests that the X wave rebound may have already ended.
Currently, observe whether a lower point can be made on a smaller scale to break 91,920, forming a 5-wave downward trend structure.
If this occurs, it indicates the end of the X wave rebound, and subsequent trades should consider shorting on rallies.
Risk Warning
This is only an analysis of market structure and does not constitute any trading advice.
#BTC走势分析 #Bitcoin Price Trend Analysis