Bitcoin is declining and forming a WXY structure, currently most likely in the X wave rebound. At the smaller time frame, a triangle structure is forming; after consolidation, it may decline further. Currently, observe more and act less, be patient and wait for opportunities.
Risk Warning This is only an analysis of market structure and does not constitute any trading advice.
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$BTC 12.29 Bitcoin Price Trend Analysis
Bitcoin is declining and forming a WXY structure, currently most likely in the X wave rebound.
At the smaller time frame, a triangle structure is forming; after consolidation, it may decline further.
Currently, observe more and act less, be patient and wait for opportunities.
Risk Warning
This is only an analysis of market structure and does not constitute any trading advice.
#BTC走势分析 #Bitcoin Price Trend Analysis