Hi everyone👋.
🌐After the SEC announced the delay in the review of the Bitcoin ETFs yesterday, the market started to fall again; maybe this fall is a prelude to September, which has mostly been a bearish month in these years.
🌊According to the theory of Elliott waves, it seems that Bitcoin is going to complete its corrective waves today.
🌊The structure of the first corrective wave was the Leading Diagonal.
🔔I expect the corrective waves to last at least as far as the 🎯target🎯 I have marked on the chart.
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🌐➕Positive News➕🌐:
Dogecoin and Bitcoin Get Boost from Robinhood.
Bitcoin ETFs have 75% chance of approval this year: Bloomberg analysts.
Bitcoin Holdings on Crypto Exchanges Dwindle to 2M, Fewest Since January 2018.
🌐➖Negative News➖🌐:
Crypto Exchanges Bybit and Okx Drop Cards of Sanctioned Russian Banks.
SEC delays decisions on bitcoin ETFs from firms including BlackRock and Fidelity.
SEC Postpones Verdict on 7 Spot Bitcoin ETF Applications.
Bitwise withdraws Bitcoin and Ether Market Cap ETF application.
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Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
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