$BTC October 29 Bitcoin Trend Analysis
Bitcoin is currently in a corrective consolidation phase of the larger Wave 2. There are three possible scenarios for the larger Wave 2:
1. It follows the yellow WXY wave structure, then turns down without rebounding above 83.
2. It follows the white abc structure, then drops again after rebounding to 84–85.
3. It follows the red line: the correction is complete, and the Wave 3 rally begins.
Watch how price behaves around the 83 breakout level. Continue holding current long positions.
Risk warning: This is solely an analysis of market structure and does not constitute trading advice.
#BTC走势分析 #比特币走势分析
Bitcoin is currently in a corrective consolidation phase of the larger Wave 2. There are three possible scenarios for the larger Wave 2:
1. It follows the yellow WXY wave structure, then turns down without rebounding above 83.
2. It follows the white abc structure, then drops again after rebounding to 84–85.
3. It follows the red line: the correction is complete, and the Wave 3 rally begins.
Watch how price behaves around the 83 breakout level. Continue holding current long positions.
Risk warning: This is solely an analysis of market structure and does not constitute trading advice.
#BTC走势分析 #比特币走势分析
