Banmu Xia: Bitcoin may form a platform-type adjustment structure, and there may be 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. A high-risk-reward shorting opportunity may arise around $108,500 to $110,000. If the subsequent trend makes a new low around $95,000, it is expected to form a three-part bottom divergence. Combined with the complete end of the platform structure, this could initiate a Y wave rebound, targeting a rise above 0.7 of the W wave height, at which point a quality long opportunity may appear. The above are all predictions and need to be gradually verified in trading."