โ๏ธAfter the SEC approved the Bitcoin ETFs, we saw that Bitcoin has lost more than โ16% of its value so far (Buy the Rumor, Sell the News).
โ As I shared in previous posts, Bitcoin started falling from ๐ดHeavy Resistance Zone($52,100-$45,800)๐ด as I shared with you.
๐According to the theory of Elliott waves, Bitcoin went through wave 5 with the Expanding Ending Diagonal, and it seems that Bitcoin has already started corrective waves.
๐Bitcoin has confirmed the end of wave 4 by breaking the Lower line of the ascending channel.
๐I expect Bitcoin to complete its wave 5 when it fills the ๐ตCME Gap($40,325-$39,290)๐ต and then rebounds(โ10%) to around $43,500.
โ๏ธโ ๏ธNoteโ ๏ธโ๏ธ: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 4-hour time frame โฐ.
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 gladly see your ideas in this post.
Please do not forget the โ ' like'โ button ๐๐ & Share it with your friends; thanks, and Trade safe.
โ As I shared in previous posts, Bitcoin started falling from ๐ดHeavy Resistance Zone($52,100-$45,800)๐ด as I shared with you.
๐According to the theory of Elliott waves, Bitcoin went through wave 5 with the Expanding Ending Diagonal, and it seems that Bitcoin has already started corrective waves.
๐Bitcoin has confirmed the end of wave 4 by breaking the Lower line of the ascending channel.
๐I expect Bitcoin to complete its wave 5 when it fills the ๐ตCME Gap($40,325-$39,290)๐ต and then rebounds(โ10%) to around $43,500.
โ๏ธโ ๏ธNoteโ ๏ธโ๏ธ: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 4-hour time frame โฐ.
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 gladly see your ideas in this post.
Please do not forget the โ ' like'โ button ๐๐ & Share it with your friends; thanks, and Trade safe.
์ฝ๋ฉํธ:
After a break, Bitcoin will likely start falling again to the CME Gap.
์กํฐ๋ธ ํธ๋ ์ด๋
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๐Please follow us on Telegram for more analysis.๐ t.me/ProTrader_365
๐if you want to learn Technical Analysis = Please Contact me๐ t.me/Ad_ProTrader365