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$BTC 12.9 Bitcoin Trend Analysis
Bitcoin is showing a downward WXY structure and is currently in the W wave decline.
The W wave is a 5-wave down structure, and currently we are in the C4 wave rebound, targeting around 97.
On a smaller scale, a triangle consolidation area has formed, and we are now in the last e wave consolidation. After completion, there will be a C wave rise.
#Trade Recommendations
Gradually build long positions in the 89-88 range, and be prepared to add to your position once if a breakout occurs.
#BTC走势分析 #Bitcoin Trend Analysis