✅As I expected, Bitcoin fell to the 🟡Price Reversal Zone(PRZ)🟡 at the weekend.
💡Bitcoin has succeeded in forming a Falling Wedge Pattern.
💡Also, we can see a Regular Divergence(RD+) between two successive valleys.
🌊According to the theory of Elliott waves, Bitcoin seems to have completed wave 5 in in 🟡Price Reversal Zone(PRZ)🟡
🔔I expect Bitcoin to start rising from the 🟡Price Reversal Zone(PRZ)🟡in the coming hours after breaking the upper line of the Falling Wedge Pattern and at least rise to the 🔴Resistance zone($26,800-$26,680)🔴.
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🌐➕Positive News➕🌐:
South Korean City Aims to Become a Leading Blockchain Hub with $75 Million Investment.
🌐➖Negative News➖🌐:
Coinbase holds 5% of all Bitcoin in existence: Data.
Mixin Network Losses Nearly 200M in Hack.
North Korean Lazarus Group amasses over FWB: 40M in Bitcoin, data reveals
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Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰.
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