An Analysis of BTC’s Short-Term Trend from Dow Theory, Chan Theory, Elliott Wave Theory, Volume-Price Relationship, Order Flow, and Price Action (Strategy Recommendations)
#BTC $BTC Comprehensive Assessment
Dow Theory confirms that the primary trend remains upward, but major warning signals have emerged in the short term, with a double-top structure forming between 81,235-81,149.
Chan Theory indicates that the downward stroke from 81,149 is extremely strong (-4,071), with bears in complete control and the price having broken below Centers ③ and ④.
Elliott Wave Theory suggests the most likely