The long-term outlook for Bitcoin remains bearish, with the first downside target around 98000 and the second downside target starting with the number 7. The small-level rebound abc structure suggests that the b wave drops to around 108000, which is a good point to enter a short position, while the c wave is expected to rise above 116.
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$BTC 9.6 Bitcoin trend analysis
The long-term outlook for Bitcoin remains bearish, with the first downside target around 98000 and the second downside target starting with the number 7.
The small-level rebound abc structure suggests that the b wave drops to around 108000, which is a good point to enter a short position, while the c wave is expected to rise above 116.
#开单建议
Long position around 108,000.
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