$BTC 9.30 Bitcoin Price Trend Analysis
The 5th wave of the first upward move of Bitcoin is expected to complete a terminating wedge pattern, with price whipsawing both long and short positions.
On a smaller timeframe, it is forming an ABC structure. Yesterday it failed to break through 85,000, and the C-wave decline has not finished yet.
Close long positions first; wait until the C-wave decline completes before entering 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 5th wave of the first upward move of Bitcoin is expected to complete a terminating wedge pattern, with price whipsawing both long and short positions.
On a smaller timeframe, it is forming an ABC structure. Yesterday it failed to break through 85,000, and the C-wave decline has not finished yet.
Close long positions first; wait until the C-wave decline completes before entering 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
