Bitcoin is making Double Zigzag Correction for completing the Point E of Expanding Triangle. Also, Bitcoin wants to make a similar movement these days.
I am expecting that bitcoin can not break the Heavy Resistance Zone according to Technical & Fundamental analysis (DXY is bullish, the Stock market is on the correction, the Cryptocurrency market is still in the shock of LUNA, and War is still running (unfortunately), Covid is growing up again, etc.).
🟢Support Zone🟢: 18980$ to 17620$
🔴Heavy Resistance Zone🔴: 24100$ to 22500$
If you want to look at Expanding Triangle 👇
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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