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$BTC 7.20 Bitcoin price trend analysis
The decline starting from 126,000 has formed two ABC structures of the same level in the larger timeframe. Right now, it is a rebound in the B wave of the second ABC.
The overall rise of the B wave has not completed yet, but currently it is in the 65 resistance zone. The pullback depth in the smaller timeframe is uncertain; for now, it’s mainly a wait-and-see.
Risk warning: This is only an analysis of market structure and does not constitute any trading advice
#BTC走势分析 #Bitcoin price trend analysis