Expect a Correction To The 60700$ Before New ATH

Updated
👉 We Had a Impulsive Move From 52500$ And At This Update I Wanna Describe My Opinion About Main BITCOIN Trend, So Let’s Get Started :

The Price Completed Two Waves Of Main Impulse From 52500$ :👇

1️⃣ Wave 1 Completed At 60600$

2️⃣ Wave 2 Completed At 57500$

📈 Currently BITCOIN Playing At The Wave 3 From 5 And I Think We Are Too Close To The Main PRZ For This Bullish Wave So It’s Better To Be Caution In Here And Save Some Profit For All Of Your Open Positions

🔎 Any Rejection From This Area Will Confirm a Corrective Wave 4 And Will Lead The Price To The 60700$

👉 In Every Bullish Moves There Are Some Corrections So This Analysis Doesn’t Mean Bear Trend Will Start, I Think We Will Have a Small Correction To The 60700$ And Next Bullish Move Will Take Up To The New ATH
Note
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📉 The BITCOIN Price Reached Important 1.618% PRZ And Its Possible To Reject From This Area, Opening Short Here Providing Low Risk And High R/R

📥 Short Area : 66300$

🎯 Target : 60900$

🔴 Stop Loss : 67500$
Trade closed: target reached
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✅ At 10min Timeframe Bullish Structure Formed At The BITCOIN Chart So It’s Better So Save Profit And Close This Short In Here, It’s Almost 5% Profit By 5X Leverage
Note
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The Bitcoin Price Dumped Much More As My Expectation And Currently Sitting Above The 60180$ Support And I Expect a Breakdown This Level Toward a 58800$
Chart PatternsTrend AnalysisWave Analysis

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