BTC is currently at a critical level. Buying activity has so far been absent – this is a crucial point. If the price continues to decline from here, a more complex wave IV could develop. An extension into a WXY structure is not out of the question in this scenario. The area warrants the greatest attention from traders and investors.

BTC0.37%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
MEVSandwichMakervip
· 01-09 10:06
No one dares to take over, this is the most heartbreaking part.
View OriginalReply0
SelfRuggervip
· 01-08 09:54
Damn, using this wave theory again. If it really breaks the level, I would have already sold.
View OriginalReply0
GasFeeBarbecuevip
· 01-08 09:51
BTC at this level really depends on buying pressure; if no one steps in to buy, it's truly uncertain.
View OriginalReply0
ForkMongervip
· 01-08 09:42
ngl, the "critical level" narrative is just another governance trap waiting to happen. buyers gonna stay absent because the protocol's literally screaming its own vulnerabilities rn. WXY structure? more like why-is-anyone-still-watching-these-patterns when systemic collapse could hit faster than wave theory admits. chaos > predictability, always has been.
Reply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)