Bitcoin’s Rollercoaster Ride:Trump Effect or Market Speculation?Bitcoin ( BINANCE:BTCUSDT ) has experienced strong ups and downs in the last 48 hours . One of the main reasons could be the inauguration of Donald Trump as the President of the United States , in which people and the crypto community expected Trump to talk about the crypto market in his speech .
In one of the first steps, Donald Trump appoints pro-Bitcoin Mark Uyeda to replace Gary Gensler as Chair of the SEC . But we have to see how Mark Uyeda will behave in reality .
Bitcoin's rise and fall over the past 48 hours created a new All-Time High(ATH) for Bitcoin .
Bitcoin is moving near the Resistance zone($107,200-$105,500) .
The possibility of forming an Ascending Channel for Bitcoin in the 15-minute time frame and the upper line can be a Resistance line .
I expect Bitcoin to fal l to at least Cumulative Long Liquidation Leverage($107,632-$105,869) .
Cumulative Short Liquidation Leverage: $100,807-$99,382
Note: If Bitcoin goes above $108,300, we should expect a new All-time High(ATH).
What do you think about the next movements of Bitcoin? Can Bitcoin make a new All-time High(ATH) again?
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Bitcoin Analyze (BTCUSDT), 15-minute time frame.
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Btcsignal
Bitcoin at Resistance: Expanding Triangle Hold=>Last Chance!!!Bitcoin ( BINANCE:BTCUSDT ) is moving in the Resistance zone($104,700-$101,920) , near the upper lines (resistance role) of the Expanding Triangle Pattern , Monthly Resistance(1) , and Time Reversal Zone(TRZ) .
In terms of Classic Technical Analysis , Bitcoin seems to be moving in an Expanding Triangle Pattern during the last 30 days . If the upper line is validly broken, this pattern will be failed.
According to the theory of Elliott waves , it seems that Bitcoin can move in an Expanding Flat(ABC/3-3-5) in the 4-hour time frame . Bitcoin is currently completing microwave 5 of the main wave C . If Bitcoin touches $107,000 , the possibility of this corrective pattern being failed is very high.
I expect Bitcoin to drop to at least $100,000 .
Note: If Bitcoin goes below $107,000, we can expect BTC to make a new All-time High(ATH).
Note: There is also the possibility of Bulltrap formation.
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Bitcoin Analyze (BTCUSDT), 4-hour time frame⏰.
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Bitcoin Pushes Higher: Is $104K the Next Stop?Bitcoin ( BINANCE:BTCUSDT ) moved as I expected in the previous post and even made the correction .
Bitcoin is breaking the Resistance zone($100,000-$98,080) , and I expect this zone to be broken soon, and then Bitcoin is ready to attack the Next Resistance zone($104,200-$101,320) .
Regarding Elliott wave theory , Bitcoin seems to be completing the main wave 5 in the 1-hour time frame .
I expect Bitcoin to rise to at least the Resistance zone($104,200-$101,320) .
Note: If Bitcoin goes below $96,320, we can expect more fall.
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Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
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From Bear Trap to Breakout: Bitcoin RoadmapBitcoin ( BINANCE:BTCUSDT ) started to rise again( with a high momentum )
yesterday after failing to break the Heavy Support zone($93,400-$90,000) ( Bear Trap formation).
Educational Tip: Its quick return after exiting the Heavy Support zone($93,400-$90,000) with high volume was one of the signs of a bear trap.
Regarding Elliott wave theory , it seems Bitcoin successfully completed a Zigzag Correction(ABC/5-3-5) yesterday and is currently completing the next five impulsive waves . Likely, Bitcoin is still in correction waves .
I expect Bitcoin to start correcting from the Resistance zone($100,000-$98,080) , 50_SMA(Daily) , and Monthly Pivot Point and start to rise again from the Potential Reversal Zone(PRZ) and attack the Resistance zone($100,000-$98,080) .
⚠️Note: If Bitcoin breaks the Heavy Support zone($93,400-$90,000), we should expect a fall with high momentum (it is unlikely that another Bear Trap will be created).
⚠️Note: If Bitcoin goes below the Potential Reversal Zone(PRZ) , there is a high possibility that Bitcoin will break the Heavy Support zone($93,400-$90,000).
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Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
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Bitcoin Analysis==>>Descending Scallop Pattern!!!As I expected in the previous post , Bitcoin( BINANCE:BTCUSDT ) again attacked the Heavy Support zone($93,400-$90,000) .
Bitcoin is trying to break the Heavy Support zone($93,400-$90,000) . What do you think? Can Bitcoin finally break the Heavy Support zone($93,400-$90,000) or not!?
According to the theory of Elliott waves , Bitcoin seems to be in the next five downward waves after completing the corrective pattern , and these five waves can break the Heavy Support zone($93,400-$90,000) .
From the point of view of Classic Technical Analysis , it seems that Bitcoin is forming a Descending Scallop Pattern to break the Heavy Support zone($93,400-$90,000) , which can cause the break of this heavy zone .
Looking at the chart of USTD.D% ( CRYPTOCAP:USDT.D ), we can see the Inverse Head and Shoulders Pattern that can cause USTD.D% to increase , which in turn causes Bitcoin and other tokens to decrease .
I expect Bitcoin to soon break the Heavy Support zone($93,400-$90,000) given the above description, and Bitcoin will fall to the Targets I have specified on my chart.
My medium-term view of Bitcoin on the chart I shared with you on January 7, 2025. 👇
⚠️Note: If Bitcoin goes above $94,500, we can expect more Pumps.⚠️.
⚠️Note: There is a possibility that Bitcoin will drop sharply and make a long shadow.⚠️.
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Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
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Bitcoin is Ready to Attack Heavy Support Zone!!!Today, January 10 , key U.S. employment data , including Average Hourly Earnings , Non-Farm Employment Change, and the Unemployment Rate , were released, influencing global markets, including Bitcoin ( BINANCE:BTCUSDT ).
Stronger-than-expected employment figures suggest a robust economy, potentially leading the Federal Reserve to maintain or increase interest rates. Higher interest rates can strengthen the U.S. dollar ( TVC:DXY ), making Bitcoin and other cryptocurrencies less attractive as alternative investments , possibly exerting downward pressure on their prices.
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Bitcoin started to pump from the Heavy Support zone($93,400-$90,000) , as I expected . ( Bitcoin allowed us to enter a long position two times .)
Bitcoin is moving near the Resistance zone($96,800-$95,520) , the upper line of the Ascending Channel , and near the 50_SMA(Daily) .
According to Elliott's wave theory , Bitcoin seems to complete wave C of Zigzag waves(ABC/5-3-5) . At best, wave C could rise to $99,000 (but unlikely).
I expect Bitcoin to go down based on today's US employment data and the fact that the U.S. DoJ received court approval to sell 69,370 BTCs . Bitcoin will attack the Heavy Support zone($93,400-$90,000) again soon, and this attack may be able to break this zone .
⚠️Note: If Bitcoin goes above $99,000, we can expect more Pumps.⚠️.
⚠️Note: We should expect more dumps if Bitcoin touches $93,500 before reaching the Resistance zone($96,800-$95,520) again⚠️.
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Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
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Bitcoin is Ready to Pump Again==>>Short-term!!!As I expected in the previous post , Bitcoin ( BINANCE:BTCUSDT ) fell to the Heavy Support zone($93,400-$90,000) .
Bitcoin is moving in a Heavy Support zone($93,400-$90,000) near the Support line .
According to the theory of Elliott waves , it seems that Bitcoin has completed the first 5 downward waves , and we can wait for upward corrective waves . Bitcoin has completed two corrective waves in the 15-minute time frame , and we can wait for the next corrective wave .
From the point of view of Classical Technical Analysis , it seems that Bitcoin has formed a Falling Wedge Pattern in the 15-minute time frame , and if Bitcoin breaks the upper line of this pattern, we can confirm this pattern.
I expect Bitcoin to rise to at least $95,170 AFTER breaking the Upper line of the Falling Wedge Pattern .
⚠️Note: If Bitcoin breaks the support line, we can wait for the Heavy Support zone($93,400-$90,000) to break.⚠️.
⚠️Note: In general, if you open a Long position, you can keep it up to the Resistance zone($96,680-$95,520) or Risk-Free your position.⚠️
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Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
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BTC Weekly Advanced Detailed Analysis & Prediction with DataThe chart demonstrates a strong bullish order flow in the 4-hour timeframe, with price consistently respecting Fair Value Gaps (FVGs) and showing a sharp reaction to imbalanced zones. This behavior reflects the active involvement of institutional or "smart money" participants, who are driving the market higher from key demand zones. The recent structural movements highlight a well-defined trend continuation, with the price eyeing significant liquidity levels as the next targets.
The levels of 99,850 and 102,787 stand out as critical liquidity zones for the week. These areas represent potential clusters of stop-loss orders and other liquidity pools that price often gravitates toward during trending markets. When The price approaches these levels, we may see a liquidity grab followed by either continued bullish movement or a short-term reversal. The bullish bias remains intact, reinforced by a solid rejection and reversal seen at the 92,279 level, where smart money activity was most evident. This region not only acted as a turning point but also established itself as a major structural support.
Given the Monday session dynamics, a minor retracement is expected as traders take profits or the market rebalances slightly. However, any pullback is likely to respect local Fair Value Gaps or untested order blocks within the 96,000–98,000 range. Such pullbacks would provide opportunities for bulls to re-enter the market, aligning with the broader trend. With clear higher highs and higher lows, signaling sustained bullish momentum unless a breakdown below 96,000 occurs, which would challenge this narrative.
When the price edges closer to the 99,850 liquidity zone, market participants should watch for signs of momentum continuation or exhaustion. Increasing volume alongside upward price action will confirm the strength of the trend, while divergence in volume could signal potential weakening. Similarly, the 102,787 level represents an upper target that may prompt profit-taking or consolidation before further directional clarity emerges.
The 92,279 level, where the smart money reversal occurred, continues to be a pivotal support zone. If the price sees a deeper retracement, this level is expected to act as a strong demand area due to its significance in shifting market sentiment. Traders should also monitor minor untested order blocks that price may respect intraday, providing opportunities for strategic entries or short-term trades.
The market is navigating a bullish environment, driven by institutional demand and liquidity-seeking behavior. The immediate focus lies on the liquidity zones at 99,850 and 102,787, with pullbacks offering opportunities to align with the prevailing trend. However, a sustained breakdown below 96,000 would warrant caution as it could signal a potential shift in the current bullish structure. This week's price action is poised to deliver significant insights into the strength and continuation of the ongoing momentum.
Bitcoin is Ready to Fall Below $90,000!!!Reasons!!!As I expected in the last few posts, Bitcoin ( BINANCE:BTCUSDT ) seems to have started a major correction .
Please be with me.
First, let's take a look at the weekly chart analysis that I shared with you on November 12, 2024 , which almost gave you an All-Time High(ATH) in both time and price .
Let's examine the Bitcoin chart on the 4-hour time frame in terms of Classic Technical Analysis . Bitcoin seems to be forming the right shoulder of the Head and Shoulders Pattern . So that in terms of the validity of this pattern , the following two points can be pointed out:
1- During the time when the right shoulder reached $104,000, it was 8 days and 4 hours that the right shoulder was not able to reach $104,000 during this period, and this shows the weakness of buyers or the strength of sellers along the path of the right shoulder.
2- Regular Divergence(RD-) between the right and left shoulders between the price and the volume indicator.
In terms of Elliott wave theory , Bitcoin, over the past 18 days , seems to be forming an Expanding Flat(ABC/3-3-5) corrective pattern, with the main wave C ending at $102,725 . ( I mentioned this in the update of yesterday's post ).
If we look at the chart of USDT.D% ( CRYPTOCAP:USDT.D ), as I said in the update of yesterday's post , we should have waited for the increase of USDT.D% (due to the sensitive position it was in). I expect USDT.D% to attack the upper line of the descending channel soon .
I expect Bitcoin to attack the Heavy Support zone($93,400-$90,000) and the neckline of the Head and Shoulders Pattern soon, and if it breaks, we should expect Bitcoin to drop to the Potential Reversal Zone(PRZ) , Support line s and 100_SMA(Daily) and then Bitcoin can fill the CME Gap($80,670-$77,100) .
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Bitcoin Analyze (BTCUSDT), 4-hour time frame⏰.
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Bitcoin Roadmap!!!Bitcoin ( BINANCE:BTCUSDT ) is still moving in the Resistance zone($100,000-$98,000) .
Compared to the previous analysis , I still have the opinion of correction on Bitcoin .
Regarding Elliott wave theory , Bitcoin seems to have completed the main wave Y with the Ending Expanding Diagonal .
Also, we can see the Regular Divergence(RD-) between Consecutive Peaks .
Also, USDT.D% ( CRYPTOCAP:USDT.D ) is in a very sensitive zone . Given that USDT.D% is near the lower line of the descending channel , the support lines , and the support zone , I expect USDT.D% to trend higher and close to the Resistance zone in the coming hours , and the increase in USDT.D% can cause Bitcoin to decrease .👇
I expect Bitcoin to fall AFTER breaking the lower line of the Ending Expanding Diagonal. The First Target can be around $98,000 .
⚠️Note: If Bitcoin breaks the Resistance lines and Resistance zone($100,000-$98,000), we can hope for a further increase in Bitcoin.⚠️
Cumulative Short Liquidation Leverage: $100,840-$100,000
Cumulative Long Liquidation Leverage: $97,870-$97,000
Cumulative Long Liquidation Leverage: $96,000-$95,000
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Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
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Bitcoin Analysis==>>Last Chance!!!Bitcoin ( BINANCE:BTCUSDT ) is moving in the Resistance zone($100,000-$98,000) and near the Resistance lines .
Regarding Elliott's wave theory , I still see the waves as corrective . It is likely that Bitcoin is completing a Double Three Correction(WXY) so that it is currently completing a wave Y .
Also, we can see the Regular Divergence(RD-) between Consecutive Peaks ( between volume and price ).
In addition, USDT.D% ( CRYPTOCAP:USDT.D ) is moving near the Support zone and the lower line of the descending channel , so we can expect an increase in this index in the coming hours, and the increase in USDT.D% can cause Bitcoin to decrease .
I expect Bitcoin to start falling from the Resistance zone($100,000-$98,000) , Cumulative Short Liquidation Leverage , and Resistance lines again. The First Target can be the Support zone($96,680-$95,500) . If Bitcoin breaks the Support zone($96,680-$95,500), we can expect the CME Gap($94,830-$94,420) to be filled.
Cumulative Short Liquidation Leverage: $100,000-$99,000
Cumulative Long Liquidation Leverage: $96,000-$95,000
⚠️Note: If Bitcoin breaks the Resistance lines and Resistance zone($100,000-$98,000), we can hope for a further increase in Bitcoin.⚠️
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Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
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Will Bitcoin Break the Heavy Support Zone!? Happy New Year 2025 ! May this year bring you health , happiness , and financial success 🎉.
Let's make it a year of growth and prosperity together !
First, let's take a look at the reasons for Bitcoin's decline these days :
1 - Profit-Taking : Long-term investors are selling after 2024's gains.
2 - Federal Reserve Policy : Slower rate cuts in 2025 have dampened optimism .
3 - Macroeconomic Concerns : Inflation risks and high-interest rates affect sentiment.
4 - Institutional Activity : Reduced MicroStrategy purchases and Bitcoin ETF outflows show declining institutional interest.
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Now, let's take a look at the Bitcoin ( BINANCE:BTCUSDT ) chart from the point of view of Technical Analysis :
Bitcoin is currently moving in a Heavy Support zone($95,000-$90,870) and is trying to break this zone. Also, the most important Resistance for Bitcoin , in my opinion, right now is the 50_SMA(Daily) and in the next step $98,100 .
In addition, with the closing of the monthly candle , we can also see the Shooting Star Candlestick Reversal Pattern .
After breaking the Uptrend lines , I expect Bitcoin to fall at least to the width of the Ascending Channel(broken) and Potential Reversal Zone(PRZ) .
Cumulative Short Liquidation Leverage : $97,686-$96,380
Cumulative Long Liquidation Leverage : $91,446-$90,000
⚠️Note: If Bitcoin breaks the Resistance lines and Resistance zone($96,620-$95,500), we can hope for a further increase in Bitcoin.⚠️
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Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
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Bitcoin is Ready to Fall by Flag Pattern!!!Bitcoin ( BINANCE:BTCUSDT ) managed to break the 50_SMA(Daily) in the past days, and this could be a sign for a further fall of Bitcoin .
Bitcoin is currently moving in a Heavy Support zone($95,000-$90,870) and is breaking the Support lines .
In terms of Classic Technical Analysis , the Bearish Flag Pattern can cause Bitcoin to fall further.
I expect Bitcoin to drop towards $91,000 minimum after breaking the Support line and a possible pullback, and if the Heavy Support zone($95,000-$90,870) is broken, we should expect more dumps .
⚠️Note: If Bitcoin breaks the Resistance lines, we can hope for a further increase in Bitcoin.⚠️
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Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
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Bitcoin Roadmap=>Short-term!!!As I expected, Bitcoin ( BINANCE:BTCUSDT ) once again attacked the 50_SMA(Daily) but failed to defeat it .
Bitcoin is currently moving near Heavy Support zone($95,000-$90,870) , Support zone($96,620-$95,520) and Potential Reversal Zone(PRZ) .
According to the theory of Elliott waves , Bitcoin seems to have succeeded in completing the main wave 4 . To confirm the end of the main wave 4 , we need to confirm the break of the 50_SMA(Daily) .
It also seems that Bitcoin in microwaves should experience an upward movement in the coming hours.
I expect Bitcoin to at least rise to the Targets I have specified in the chart.
⚠️Note: If Bitcoin goes below the 50_SMA(Daily), we can expect a break of the Heavy Support zone($95,000-$90,870).⚠️
⚠️Note: In general, the analysis is short-term, and holding a long position for targets above the Resistance zone($100,000-$98,130) is a little risky.⚠️
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Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
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Bitcoin Analysis==>>Bears' Turn for Selling Pressure!!!As I expected , Bitcoin ( BINANCE:BTCUSDT ) rose to the Resistance zone($100,000-$98,130) , the lower line of the ascending channel and 100_EMA(4H TF) .
According to Elliott's wave theory , Bitcoin is completing wave 4 . The structure of wave 4 is Double Three Correction(WXY) .
Also, the Volume of candles that brought Bitcoin up to the Resistance zone($100,000-$98,130) is not significant for me.
I expect Bitcoin to at least fall to the Support zone($95,890-$95,540) . And if the support zone breaks, we can expect another attack on the Support zone($95,000-$90,870) and 50_SMA(Daily) and fill the CME Gap($94,435-$93,935) .
⚠️Note: If Bitcoin goes above $100,000, we should expect more PUMPS.⚠️
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Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
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Bitcoin Roadmap==>>Short-termBitcoin ( BINANCE:BTCUSDT ) is moving near the Support zone ($95,000-$90,870) and 50_SMA(Daily) , also Bitcoin managed to break the Descending Channel . Although the main Ascending Channel has been broken in the above time frame , I still expect the pullback to the main ascending channel to continue.
Regarding Elliott wave theory , Bitcoin seems to be completing microwave Y of the main wave 4 .
I expect Bitcoin to rise to at least the 🎯Targets🎯 I have specified on the chart .
⚠️Note: If Bitcoin breaks below the Support zone($95,000-$93,500), there is a high probability that Bitcoin will go below $90,000.⚠️
🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏
Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
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Bitcoin is Ready to Pump Again==>>Short-termBitcoin ( BINANCE:BTCUSDT ) moved as I expected yesterday.
Bitcoin is moving near the Ascending Channel's lower line , Support lines , and Potential Reversal Zone(PRZ) .
According to Elliott's wave theory , Bitcoin seems to be completing wave 5 .
I expect Bitcoin to rise again from the Potential Reversal Zone(PRZ) and Support zone($95,000-$93,500) .
⚠️Note: If Bitcoin breaks below the Support zone($95,000-$93,500), there is a high probability that Bitcoin will go below $90,000.⚠️
🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
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Bitcoin is Ready to fill CME Gap!!!Bitcoin ( BINANCE:BTCUSDT )is approaching the Resistance zone($105,560-$104,940) , Downtrend line , and Cumulative Short Liquidation Leverage($105,654-$104,709) .
According to Elliott's wave theory , Bitcoin seems to be completing wave 4 . Probably wave 4 will end in the Resistance zone($105,560-$104,940) .
I expect Bitcoin to go towards filling the CME Gap($103,325-$101,840) AFTER breaking the Support line .
⚠️Note: US indices (Federal Funds Rate, FOMC Economic Projections, FOMC Statement) can affect the trend of Bitcoin; the possibility that the market will get excited when the indices are announced is very high.⚠️
⚠️Note: If Bitcoin breaks the Resistance zone($105,560-$104,940), we can expect Bitcoin to rise further, especially if Bitcoin touches $106,200.⚠️
🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
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Bitcoin Roadmap==>>Short-termWith the start of the new week and the good news that came during the weekend , Bitcoin ( BINANCE:BTCUSDT ) began to pump again and successfully created a new All-Time High(ATH) .
Bitcoin has already managed to break the Resistance zone($104,280-$103,340) .
According to Elliott's wave theory , Bitcoin seems to be completed wave 4 ; we should wait for Bitcoin to rise again . The structure of wave 4 is of the Double Three Correction type(WXY) . Bitcoin is currently completing wave 5 .
Also, USDT.D% ( CRYPTOCAP:USDT.D ) managed to break the Support lines and the Support zone(4.00%-3.90%) ( on the chart it is currently the Resistance zone ) and we have to wait for another attack on the Next Support zone(3.82%-3.77%) . A drop in USDT.D% can make Bitcoin rise .👇
I expect Bitcoin to start rising again after the completion of microwave 4 of wave 5 . Bitcoin's Targets can be :
🎯 $107,320 - $106,967 🎯
🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
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Bitcoin Analysis ==>>Ready for Correction!!!Bitcoin ( BINANCE:BTCUSDT ) is moving in the Resistance zone($102,280-$101,000) . (We saw the fake break ).
According to the theory of Elliott waves , it seems that Bitcoin has succeeded in completing 5 impulsive waves , and we should wait for corrective waves .
Signs of the completion of the main wave 5 in the one-hour time frame:
1-BTC broke the Uptrend lines .
2- Shooting Star Candlestick Pattern formation
3- Regular Divergence(RD-) between Consecutive Peaks.
I expect Bitcoin to fall to at least the Support zone($99,600-$98,000) in the coming hours .
⚠️Note: If Bitcoin goes above $102,540, we should expect a new All-Time High(ATH).⚠️
⚠️Note: If the Support zone($99,600-$98,000) is broken, we should wait for Bitcoin to fall at least to $96,500.⚠️
Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin will make the New ATH!?Bitcoin ( BINANCE:BTCUSDT ) is moving near the Support zone($99,600-$98,000) and has managed to break the Resistance lines .
Regarding Elliott wave theory , Bitcoin completed a corrective wave as I expected .
I expect Bitcoin to rise to at least Resistance zone($102,280-$101,000) and if the Resistance zone breaks , we can hope for a new All-Time High(ATH) soon .
⚠️Note: if BTC goes below the Support zone($99,600-$98,000), we can expect more dumps. ⚠️
🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏
Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin Analysis==>>FallingBitcoin ( BINANCE:BTCUSDT ) is breaking the Support zone($99,600-$98,620) and the lower line of the Descending channel .
According to the theory of Elliott waves , Bitcoin was able to complete Double Three Correction(WXY) .
I expect Bitcoin to fal l at least as far as the width of the descending channel(broken) .
⚠️Note: We can expect more pumps if Bitcoin goes over $99,900. ⚠️
🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏
Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.