$BTC 6.9 Bitcoin Trend Analysis
Bitcoin is currently experiencing a rebound in the X wave of the yellow line WXY, expected to rise above 108,000.
The X wave consists of three sub-waves: a, b, and c. After a short-term correction in the b wave, we continue to look for a rebound in the c wave. A small-scale head and shoulders bottom may form.
Short sell in the 106-107 range, initially looking at around 103.
Once the b wave correction is complete, we can go long aiming for above 108.