
Pai X|May 29, 2025 07:24
Bitcoin Type Analysis Quick Review BTC
The previous tweet shared a metric and accidentally shared a Bitcoin viewpoint 👀
To be specific, as mentioned in last night's tweet, if Bitcoin effectively falls below the 4-hour level upward channel, it can first be seen to reach the 105K line. Currently, it has successfully fallen below this level
And form a high-level triangular convergence trend, attention can be paid to the details of subsequent triangular convergence. If it falls below the lower edge, it will accelerate its decline towards the 105K line. Currently, the triangular structure is still being constructed, and point E in the figure is a possible area for future construction. The current trading plan should be developed around the upper and lower edges of the triangle
Based on the fact that it has already fallen below the upward trend, I subjectively believe that even if we build an E point in the future, we are more inclined to continue to break below the 105K line
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