$BTC 5.13 Bitcoin Trend Analysis
Bitcoin has two possible paths, both facing a pullback which hasn't completed yet:
White line: Double sawtooth structure, if pullback doesn't drop below 100,300, the subsequent wave C could rise to 110,000.
Yellow line: 5-wave uptrend structure, if pullback drops below 100,300, the decline could target around 90,000, followed by a rise above 130,000. The pullback period is expected to be over 5 days.
#Trading Advice
Hold onto short positions at 104,700, those without short positions can short near 103,500.
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