Bitcoin is declining in a WXY structure and is currently in the W wave downtrend. The W wave consists of a 5-wave decline structure. Based on the minor structure, it is most likely still in the C4 wave rebound. The C4 wave rebound is expected to reach around 97.
#Trade Suggestions Short near 91 down to 87. Go long in the 87-86 range.
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$BTC 12.8 Bitcoin Trend Analysis
Bitcoin is declining in a WXY structure and is currently in the W wave downtrend.
The W wave consists of a 5-wave decline structure. Based on the minor structure, it is most likely still in the C4 wave rebound.
The C4 wave rebound is expected to reach around 97.
#Trade Suggestions
Short near 91 down to 87. Go long in the 87-86 range.
#BTC走势分析 # Bitcoin Trend Analysis