$BTC 11.4 Bitcoin Price Analysis Bitcoin is currently in the corrective Wave 2 phase of a larger pattern. Two possible scenarios for Wave 2: 1. Yellow line: The decline completes at the current WXY structure, directly initiating the primary Wave 3 upward move. 2. White line: The current rebound is merely an X wave, followed by an additional Z wave decline before Wave 2 concludes. On lower timeframes, no clear upward structural formation has emerged, which is more consistent with an X-wave rebound—expect continued consolidation. Risk Disclaimer: This is purely a structural market analysis and does not constitute any trading advice. #BTCAnalysis #BitcoinPriceAnalysis