The BTC wave structure is analyzed using the SMC method

30 בנוב׳ 2023

After the price falls, it creates a peak. The price continues to rise but the bullish candle at the end has a lower body than the previous high and is followed by a candle with a lower body than the previous candle, creating a top sweep signal. There is a high possibility that the price will continue to decrease and penetrate the previous bottom zone