💡Bitcoin started to rise after the Spot Bitcoin And Ethereum ETFs were Approved In Hong Kong but failed to break the 🔴Resistance zone($66,100-$64,500)🔴and created a Bull Trap.
🌊According to the theory of Elliott waves, Bitcoin seems to have completed 5 downtrend waves in the 15-minute time frame.
💡Also, we can see Regular Divergence(RD+) between two Consecutive Valleys.
📈From the point of view of Classical Technical Analysis, there is also a possibility of forming the Inverse Head and Shoulders pattern.
🔔I expect Bitcoin to Attack the 🔴Resistance zone($66,100-$64,500)🔴once again.
❗️⚠️Note⚠️❗️: We must note that there is a possibility of Israel's response to Iran's attacks and the cryptocurrency market may experience another fall.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
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