Half-Wood Summer: Bitcoin to Form a Platform-type Adjustment Structure, Poised for Two Trading Opportunities Ahead

November 11th. The Chinese crypto analyst Banmuxia stated in a post that, "Since August, the price action of Bitcoin may be in a sideways pattern. The current C wave is likely to form an ending wedge. This sideways pattern may constitute the entire correction's W wave. There may be a high-risk-reward shorting opportunity around $108,500 to $110,000. If the subsequent trend makes a new low of approximately $95,000, it is expected to form a triple-bottom divergence. Combined with the completion of the sideways pattern, it may trigger a Y wave rebound with a target of rising above 0.7 of the W wave's height. This could present a high-quality long opportunity at that time. The above are all predictions and need to be gradually verified in trading."