$BTC 12.9 Bitcoin trend analysis
Bitcoin is declining under the WXY structure, currently in the W wave decline.
The W wave is a 5-wave decline structure, currently in the C4 wave rebound, looking at around 97.
The smaller scale has formed a triangular oscillation area, currently in the last e wave oscillation, after which it will be the C wave upward.
89-88 range for batch layout of long positions, prepare for an expectation of increasing position after a breakout.
