The long-term outlook for Bitcoin remains bearish, with the first downside target around 98000 and the second downside target starting with the number 7. The X wave rebound has ended, and the Y wave decline has begun. Watch around 98, with minor support near 112-113. The wave fluctuation and decline is relatively time-consuming. The W wave exhibits a sawtooth decline, and the Y wave structure is expected to reference the declining pattern of the W wave structure. #开单建议 Continue to hold the short position. #比特币走势分析 #BTC trend analysis
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#BTC $BTC 9.22 Bitcoin price analysis
The long-term outlook for Bitcoin remains bearish, with the first downside target around 98000 and the second downside target starting with the number 7.
The X wave rebound has ended, and the Y wave decline has begun. Watch around 98, with minor support near 112-113.
The wave fluctuation and decline is relatively time-consuming. The W wave exhibits a sawtooth decline, and the Y wave structure is expected to reference the declining pattern of the W wave structure.
#开单建议
Continue to hold the short position.
#比特币走势分析 #BTC trend analysis