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$BTC 7.1 Bitcoin Trend Analysis
From the drop starting at 126,000, the larger timeframe has formed two ABC structures of the same degree. Currently, this is the B-wave rebound of the second ABC.
The B-wave consolidation range originally leaned toward forming an abc structure, but it could also form an abcde triangle structure.
Overall, it is still consolidating. It is expected that during the first half of July it will remain mainly in consolidation, and after consolidation it will continue to fall into the major C-wave.
Risk Disclaimer: This is only an analysis of market structure and does not constitute any trading advice.
#BTC走势分析 #Bitcoin Trend Analysis