$BTC 9.9 Bitcoin Market Analysis
Bitcoin has been in a downward channel since 65,000. The position of 52,500 is not the starting point of a new round of rise. The current rebound is looking at three waves of ABC. After the rebound, continue to be bearish and seek the bottom.
Wait for wave C to rebound to the upper track of the channel and confirm that the resistance of 56,000 is effective before shorting.
Short against 56,000.
