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$BTC 7.7 Bitcoin Trend Analysis
Since the drop starting from 126,000, the larger timeframe has formed two ABC structures at the same level. Currently, it is the B-wave rebound of the second ABC.
On the smaller timeframe, a clear upward 5-wave structure has emerged, and there will be at least a 3-wave upward structure.
The current rise has not been completed yet. Continue to hold long positions. The target area near the upside is around 7W.
Risk Warning: This is for market-structure analysis only and does not constitute any trading advice.
#BTC走势分析 #Bitcoin Prediction