$BTC 12.15 Bitcoin Trend Analysis
Bitcoin is currently in a W wave decline, looking at the WXY structure.
The C wave of the W wave has a 5-wave descending structure, and currently, it seems there is a decline breaking the previous low of 80600 in the C5 decline.
The resistance area for the rebound is in the range of 90-91.
Risk Warning
This is only a market structure analysis and does not constitute any trading advice.
