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$BTC 6.25 Bitcoin Trend Analysis
Since the decline that started from 126,000, the market has formed two WXY structures of the same degree.
Currently, this is the X-wave rebound of the second WXY. The X-wave is composed of three waves: A, B, and C. As the consolidation range of the B-wave widens, it forms a platform-type consolidation structure.
If the final segment of the B-wave forms as a 3-wave pattern, then last night would be the ending point; if it forms as a 5-wave pattern, another lower low is still needed.
Currently holding BTC long positions, aiming for an upswing in the C-wave, targeting the 69–70 range.
Risk warning: This is only an analysis of market structure and does not constitute any trading advice.
#BTC走势分析 #