Bitcoin is experiencing a decline, showing a WXY structure, currently most likely in the X wave rebound. If it forms a small-degree triangle later and then drops again at the end of the triangle, it will form a relatively clear ABC structure. After the correction, if it drops again, it is generally judged that Wave W ends at 80537, and one can consider buying the C wave of the X wave on dips.
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$BTC 12.28 Bitcoin Price Trend Analysis
Bitcoin is experiencing a decline, showing a WXY structure, currently most likely in the X wave rebound.
If it forms a small-degree triangle later and then drops again at the end of the triangle, it will form a relatively clear ABC structure.
After the correction, if it drops again, it is generally judged that Wave W ends at 80537, and one can consider buying the C wave of the X wave on dips.
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