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7.7 Bitcoin Trend Analysis
The decline from 126,000 consists of two ABC structures of the same level on the larger timeframe. Currently, it is the B-wave rebound of the second ABC.
On the smaller timeframe, a clear 5-wave upward pattern has formed, with at least a 3-wave upward structure expected.
The current uptrend is not yet complete; continue to hold long positions, with the upside target around 70,000.
Risk Disclaimer: This is solely a market structure analysis and does not constitute any trading advice.
#BTC走势分析 #比特币预测