$BTC 7.22 Bitcoin price trend analysis


The decline that started from 126,000. There is a two-part ABC structure at the same level on a large timeframe. Right now, it is the B-wave rebound of the second ABC.
On the weekly timeframe, there is a triple bottom divergence; the upside hasn’t finished running yet. The main approach is to look for entries on pullbacks.
On the smaller timeframe, it follows the yellow route; only if it breaks below 64,000 is a red route possible.
Risk warning: This is only analysis of market structure and does not constitute any trading advice
#BTC走势分析 # Bitcoin price trend analysis
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