After the cryptocurrency market received some good news (such as the settlement with the SEC and BlackRock and etc.), Bitcoin was finally able to break out of its descending channel.
According to the theory of Elliott waves, Bitcoin seems to have started another impulsive wave; now, microwave 5 of the main wave 3 has been completed, and Bitcoin is expected to follow the Pitchfork lines and Fibonacci levels to complete main wave 4.
Bitcoin Analyze ( BTCUSDT ), 1-hour 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.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
According to the theory of Elliott waves, Bitcoin seems to have started another impulsive wave; now, microwave 5 of the main wave 3 has been completed, and Bitcoin is expected to follow the Pitchfork lines and Fibonacci levels to complete main wave 4.
Bitcoin Analyze ( BTCUSDT ), 1-hour 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.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Note
What is your idea❗️❓Trade active
Trade active
Note
Since the markets that are correlated with Bitcoin are bearish, like gold, it is still reasonable to expect a fall.Note
When do you think the Bitcoin market range will end in the one-hour time frame?Will it rise again, or will we have a further correction?
Note
Bitcoin reacted to PRZ.Note
what is your opinion? How high can Bitcoin grow?Trade active
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🎁Welcome than a 50% bonus(Low Spread)👉vtm.pro/Y3AV7r
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
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🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.