$BTC Bitcoin Trend Analysis, 11.2
Bitcoin is currently in a consolidating correction phase of the larger Wave 2, which is unfolding in a WXY structure.
The decline in Wave Y is nearing its end, after which the larger Wave 3 uptrend is expected to begin.
A closer look suggests one more small-degree downward move is still needed. If the price rises above 79,200, the decline may end early.
Risk warning: This is solely an analysis of market structure and does not constitute any trading advice.
#BTC走势分析 #比特币走势分析
Bitcoin is currently in a consolidating correction phase of the larger Wave 2, which is unfolding in a WXY structure.
The decline in Wave Y is nearing its end, after which the larger Wave 3 uptrend is expected to begin.
A closer look suggests one more small-degree downward move is still needed. If the price rises above 79,200, the decline may end early.
Risk warning: This is solely an analysis of market structure and does not constitute any trading advice.
#BTC走势分析 #比特币走势分析
