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$BTC 1.1 Bitcoin Price Trend Analysis
Bitcoin has two downward structures, both indicating a short-term decline.
Yellow line: WXY structure, with a smaller degree triangle, breaking below the triangle, expected to go near 84.
Red line: 5-wave downward structure, currently in a 4th wave rebound, with the 5th wave expected to drop to around 75.
Currently holding a short position.
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