BTCUSDT we are currently replicating point z in Elliot wave wxyxz formation its the eleventh point and represents our current dip on five minute time frame before we go up and out to 64k. On the 1day time frame our z is coming soon after we hit this 10th point around 70k. Our Z on the 1day time frame will hit when we dip to 40k we will have a zig zag double three or triple three down there and then turn around and come back up sharply to break thru to 120k+ these smaller time frames can give us serious hints as to what the larger ones will do. Saying that smaller time frames can fail their structures a lot easier than larger ones
BTCUSDT The U.S. SEC has approved BlackRock's spot Bitcoin ETF's options trading listing proposal. This is the first time a spot Bitcoin ETF has been approved for options trading, which is expected to increase market liquidity and attract more large investors to participate. Other companies such as Grayscale and Bitwise are also applying for similar options trading approvals and are expected to be approved soon.
BTCUSDT IF YOU HAVE NOT ENTERED YOUR SELL ON BTC...You might be late to the party, PRICE JUST MITIGATED A VAIID DAILY ORDER BLOCK, and there was not enough liquidity to continue pushing higher, my advice wait for a retracement. Also, keep holding your long positions, BUT we hope the price does not break below the 4-hour price bar marked with a red horizontal line. If we break below that, then is safe to say, you close your long position. We are anticipating a pullback and then a continuation OF THE UPTREND. But we leave the price to do its thing. THIS PULLBACK COULD LEAD TO A TREND CHANGE. We are only speculating, we don't detect where the price will go.
BTCUSDT we are currently replicating point z in Elliot wave wxyxz formation its the eleventh point and represents our current dip on five minute time frame before we go up and out to 64k. On the 1day time frame our z is coming soon after we hit this 10th point around 70k. Our Z on the 1day time frame will hit when we dip to 40k we will have a zig zag double three or triple three down there and then turn around and come back up sharply to break thru to 120k+ these smaller time frames can give us serious hints as to what the larger ones will do. Saying that smaller time frames can fail their structures a lot easier than larger ones
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