$BTC 12.24 Bitcoin Trend Analysis
Bitcoin is in a downward move looking at the WXY structure, currently in the W wave decline.
Today's short-term direction is unclear, both upward and downward structures are possible, personally leaning upward:
Up: The rebound is not finished, there is still an upward c wave to come.
Down: This wave ABC rebound has ended, and will continue to break down.
Risk Warning
This is only a market structure analysis and does not constitute any trading advice.
