$BTC 9.26 Bitcoin trend analysis
The first rally wave 5 of Bitcoin is expected to end with a terminating wedge pattern, with price action whipsawing long and short positions.
On the smaller timeframe, it is forming an abc structure. Currently it is in wave b rebound. If it reaches around 86,000, exit long positions.
After wave c drop completes, then enter longs again.
Risk warning: This is only an analysis of market structure and does not constitute any trading advice
#BTC走势分析 #比特币走势分析
The first rally wave 5 of Bitcoin is expected to end with a terminating wedge pattern, with price action whipsawing long and short positions.
On the smaller timeframe, it is forming an abc structure. Currently it is in wave b rebound. If it reaches around 86,000, exit long positions.
After wave c drop completes, then enter longs again.
Risk warning: This is only an analysis of market structure and does not constitute any trading advice
#BTC走势分析 #比特币走势分析
