Bitcoin(BTCUSDT) is currently moving near the Resistance lines and in the Resistance zone($69,580-$68,800).
Regarding Elliott's wave theory, it seems that Bitcoin is still completing Corrective Waves. The Structure of Correction Waves looks like Double Three Correction(WXY).
I expect Bitcoin to Go Down at least Cumulative Long Liquidation Leverageafter breaking the Uptrend line.
⚠️Note: We can expect more pumps if Bitcoin can break the Resistance zone($69,580-$68,800).⚠️
⚠️Note: The American elections and the tension between Iran and Israel can easily change the scenarios of Bitcoin: if the tension between Iran and Israel increases, we can see the fall of Bitcoin, and if Donald Trump does not succeed in the US presidential election, we can see the fall of Bitcoin. And vice versa.⚠️
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
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