A Brief Analysis of BTC Short-Term Trend from Dow Theory, Chan Theory, Elliott Wave Theory, Volume-Price Relationship, Order Flow, and Price Action (Strategy Suggestions)
$BTC #BTC Comprehensive Assessment
Dow Theory confirms that the primary trend is still upward, but a short-term double-top structure (81,235-81,347) has been confirmed, and the high-volume decline on September 1 shows that bearish momentum has not dissipated.
Chan Theory shows that the downward stroke from 81,347 was extremely strong (-4,438), followed by a weaker upward stroke (+2,425). A new downward stroke appeared on Sep