Amid general upward trend continuation, there are emerging signals pointing to a possible completion of the current uptrend in Bit.Cash.
Within the higher time interval, the formation of a descending wedge can be seen. In this wave model, the wave [iv] is completed. After its completion a downward wave [v] should be expected.
At a lower-degree wave structure, the formation of a triple three is noted. Now the price is in the wave (z), which completes this formation. This wave is expected to end in the near future. After that the current price trend may change.
Despite the positive dynamics of the market movement, the possibility of resuming the downward movement after the completion of the current wave shouldn’t be excluded.
In this situation, it should be emphasized that short positions remain preferable.
Bit.Cash H1: Wave Analysis for the European Session on 21.10.2025
