A high-probability analysis of Bitcoin's current trend suggests that after the triangle pattern, Bitcoin moved in an X wave to connect this correction's platform wave, forming a complex joint correction wave. However, the main direction has not changed and remains bearish. Currently, traders can take a long position to ride a 5-wave upward move. After completing the 5-wave rally, look for opportunities to short.
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A high-probability analysis of Bitcoin's current trend suggests that after the triangle pattern, Bitcoin moved in an X wave to connect this correction's platform wave, forming a complex joint correction wave. However, the main direction has not changed and remains bearish. Currently, traders can take a long position to ride a 5-wave upward move. After completing the 5-wave rally, look for opportunities to short.