Bitcoin is Ready to ⚔️Attack⚔️ the Support line⏰(15_Min)⏰
Updated
✅As I expected, Bitcoin is completing the waves that I shared with you in the last few days. (I suggest you follow the previous posts to get a better understanding of the Bitcoin roadmap.).
↘️Bitcoin came back below the Resistance line and attacked the 🟢Support zone($25,840_$25,600)🟢.
🌊In terms of Elliott wave theory, Bitcoin is completing its 5-wave downtrend;it seems to be completing wave 4 in 🟡Price Reversal Zone(PRZ)🟡.
🔔I expect Bitcoin will attack the Support line.
📚Of course, it should be noted that wave 4 may continue on Saturdays and Sundays, the reason being that the Volume Trading is generally low on these days.
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🌐➕Positive News➕🌐:
Nearly Half Of Institutions Are Holding Digital Assets For Clients: Report.
JPMorgan moves into deposit tokens for settlements: Report.
🌐➖Negative News➖🌐:
Bitcoin liquidates 23M in shorts as BTC price tags new September high.
CFTC Goes After Opyn, Other DeFi Operations in Enforcement Sweep.
IMF Releases New Paper to Address Crypto’s Risks to Financial Stability.
11,196 Years Jail Sentence for Faruk Özer, CEO of Collapsed Turkish Crypto Exchange Thodex.
Bitcoin worth $128 million sent to exchanges.
FED Statement on Stablecoins!
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Bitcoin Analyze ( BTCUSDT ), 15-minute 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.
↘️Bitcoin came back below the Resistance line and attacked the 🟢Support zone($25,840_$25,600)🟢.
🌊In terms of Elliott wave theory, Bitcoin is completing its 5-wave downtrend;it seems to be completing wave 4 in 🟡Price Reversal Zone(PRZ)🟡.
🔔I expect Bitcoin will attack the Support line.
📚Of course, it should be noted that wave 4 may continue on Saturdays and Sundays, the reason being that the Volume Trading is generally low on these days.
--------------------------------------------------------------------------------
🌐➕Positive News➕🌐:
Nearly Half Of Institutions Are Holding Digital Assets For Clients: Report.
JPMorgan moves into deposit tokens for settlements: Report.
🌐➖Negative News➖🌐:
Bitcoin liquidates 23M in shorts as BTC price tags new September high.
CFTC Goes After Opyn, Other DeFi Operations in Enforcement Sweep.
IMF Releases New Paper to Address Crypto’s Risks to Financial Stability.
11,196 Years Jail Sentence for Faruk Özer, CEO of Collapsed Turkish Crypto Exchange Thodex.
Bitcoin worth $128 million sent to exchanges.
FED Statement on Stablecoins!
--------------------------------------------------------------------------------
Bitcoin Analyze ( BTCUSDT ), 15-minute 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.
Trade active
Note
Bitcoin reacted well to 🟡Price Reversal Zone(PRZ)🟡.Note
✅Running well✅Note
Most likely, this movement of the Bitcoin Range will continue until tomorrow, and we have to wait to see how Bitcoin reacts to the resistance line.Note
In terms of wave counting, we may have an upward movement (close to the resistance line).Trade closed: target reached
🎯Target🎯Trade closed: target reached
🎯Second Target Done🎯
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