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$BTC 1.23 Bitcoin Price Trend Analysis
The medium to long-term WXY decline structure of Bitcoin suggests that the X-wave rebound may continue to fluctuate. Currently, there are two expected scenarios:
1. Y-wave decline has begun: after a rebound to around 93, Y-wave will continue to decline, with a bearish break below 70,000;
2. Continue the X-wave rebound, pushing the price to new highs above 100,000. Subsequently, Y-wave will decline below 70,000.
Leaning towards a rebound above 100,000.
Risk Reminder
This is only an analysis of market structure and does not constitute any trading advice.
#比特币走势分析 #BTC Price Trend Analysis