$BTC 2.3 Bitcoin Trend Analysis
Bitcoin WXY downward structure, two expected trends:
1. The Y wave has only completed the YA wave decline, currently moving into the YB wave rebound, with a subsequent YC wave decline expected to break below 70,000.
2. The Y wave has completed its decline near 75, and is expected to follow the Wyckoff accumulation pattern, bullish for the future.
Both trends have a rebound phase. Pay attention to the consolidation before moving up again; breaking the 82,000 resistance zone is necessary for further strength.
Continue to hold the short position in the 75-76 range.
Risk Warning
This is only a structural analysis of the market and does not constitute any trading advice.
