$BTC 1.22 Bitcoin Price Trend Analysis
The medium to long-term WXY decline structure of Bitcoin suggests that the X wave rebound may continue to fluctuate.
Has the broad-range squeeze of the X wave truly ended? Not necessarily! When most major influencers and retail investors are bearish together, the market often does not move as most expect.
Currently, the X wave may rise again, so it is not recommended to chase short positions.
After the X wave completes, look for a Y wave decline to break below 70,000.
Risk Warning
This is only an analysis of market structure and does not constitute any