The fundamental reason for the recent frequent fluctuations in Bitcoin, I believe, is that we are in the correction phase of Wave X. These types of waves are known for their destructive nature, often disrupting traders' rhythm.
From the chart, there will be another downward move. It could be an immediate drop or a small rebound first before falling — but either way, be prepared for both scenarios. The key is to stay alert during this volatility and not be fooled by minor rebounds.
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GweiWatcher
· 12-26 14:02
Here comes the X wave theory again, every time predicting a downward trend, but the rebound has no response.
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ChainDoctor
· 12-26 14:02
Here comes another set of explanations about the X-wave correction. To be honest, wave theory is most effective when used as a hindsight tool.
Looking at the chart, it's just betting on a decline. But what about the rebound? Where will it stop? Who can accurately say?
Don't be fooled by small rebounds, but also don't be misled by analysis, brother.
Just wait and see. It's either these two directions—guaranteed profit statements.
Preparing for both scenarios—I've heard this a hundred times. In reality, most people are only operating with one hand.
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WealthCoffee
· 12-26 14:01
Coming back to the X-wave theory? I looked at the chart and feel that the rebound trap you mentioned is indeed dangerous; I was fooled by it before.
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ImpermanentPhilosopher
· 12-26 13:54
You're starting to talk about wave theory again, bro. I'm getting calluses on my ears from listening.
BTC/USD Market Update
The fundamental reason for the recent frequent fluctuations in Bitcoin, I believe, is that we are in the correction phase of Wave X. These types of waves are known for their destructive nature, often disrupting traders' rhythm.
From the chart, there will be another downward move. It could be an immediate drop or a small rebound first before falling — but either way, be prepared for both scenarios. The key is to stay alert during this volatility and not be fooled by minor rebounds.