Bitcoin will⚔️attack⚔️ to 🔴Resistance Zone🔴

Bitcoin is running in descending channel.

🌊According to Elliott's wave theory, Bitcoin is forming another Zigzag correction(5-3-5/ABC) in the descending channel.

🔔I expect Bitcoin to fall to the 🟡Price Reversal Zone(PRZ)🟡and support line and then break the upper line of the descending channel and go up to the 🔴resistance zone($29,850-$29,480)🔴.

❗️Note❗️: There is a high probability of a 🐻Bear Trap🐻 near the support line (if the support line breaks(validly), the scenario will change).
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🌐➕Positive News➕🌐:

Donald Trump’s Ethereum wallet holds $2.8M, new statement shows.

Crypto mining lobby group to dispel misconceptions in Washington DC: Founder.

FDIC and Other Federal Agencies ‘Closely Monitoring’ Banks’ Exposure to Crypto Assets.

Singapore Takes On Stablecoins With New Regulatory Framework.

COINBASE exchange will luanch in Canada.

🌐➖Negative News➖🌐:

Binance to Shut Down Crypto Payments Service Amid Refocus On Core Products.

Heavy short position by Michael Burry on S&P500 and NASDAQ.
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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.

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コメント:

I expect Bitcoin to fall to PRZ and then go up, if Bitcoin can break the upper line of the descending channel, Bitcoin can also break the resistance zone.

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コメント:

Bitcoin was able to break the support line, but it is better that we wait for the opening of the USA market (Less than 5 hours later).

コメント:

Elon Musk changed the Game.