Hanmuxia: Bitcoin may form a platform-type adjustment structure, and the market may welcome two trading opportunities in the future

The Chinese crypto analyst Banmuxia stated, "Bitcoin's market since August may be in a platform structure, and the current C wave could be a terminal wedge. This platform may constitute the entire adjustment's W wave. Around $108,500 to $110,000, there may be a high-risk-to-reward shorting opportunity. If the subsequent trend makes a new low around $95,000, it is expected to form a three-part bottom divergence, and combined with the complete end of the platform structure, it may initiate a Y wave rebound, targeting a rise above 0.7 of the W wave height, at which point there may be a quality long opportunity. The above are all predictions and need to be gradually verified in trading."