$BTC 2.5 Bitcoin Trend Analysis
The Bitcoin WXY downward structure is currently in the Y wave decline. The Y wave consists of three sub-waves: ABC.
The YA wave decline is nearing its end, and the small-scale 5-wave structure is complete, with a possibility of having finished.
It is uncertain whether there will be another low point to conclude the YA wave; a breakthrough at 76000 can basically confirm the end of the YA wave.
For the YB rebound, pay attention to the short-term liquidity zone between 80,000 and 82,000. After the rebound, there will be another YC wave decline, expected to break 70,000.
Risk Warning
This is only a structural analysis of the market and does not constitute any trading advice.
