$BTC 12.18 Bitcoin Trend Analysis
Bitcoin is experiencing a downward trend in the WXY structure, currently in the W wave decline.
The C wave of the W wave consists of a 5-wave downward structure, and currently, C5 is declining. There is a high probability that C5 will break below the low of 80537.
Waiting for opportunities to set up short positions.
Risk Warning
This is just a market structure analysis and does not constitute any trading advice.
