Btc Analysis
1: False break of previous low, liquidity returns. Next, look for an abc three-wave rebound. If it retraces to around 103500, you can go long intraday, aiming for a c-wave rebound with a target of 105800.
2: The 4-hour descending flag pattern has completed five waves. A rebound is expected near the lower trendline of the flag, and a short position can be taken near the neckline at around 106000. The overall trend remains bearish.
