⏳ 46k Is a Decision Point For The BITCOIN

👉 Depend On My Last BTC Update The Bitcoin Price Breakout The 44200$ Resistance Level And Hit 45900$ As Important PRZ ,And Now The Question Is What Is The New Plan

📥 Currently There Are Two Scenarios For The BTC And I Wanna Talk About Them At This Update

1️⃣ I Can Name 45900$ As a Wave B Pivot And By Breaking Down The 44200$ Support Wave C Will Confirm And This Wave Will Take us To The 39k Area

2️⃣ If The Price Breakout From The 46k Area New Bull Rally Toward a 47500$ Will Start

📊 So By Sumup ,As Long As The Price Playing Above The 44200$ There Is No Worry About The Market But In a Situation of Breaking Down This Level 39k Is a Next Target

⏳ What Is My Expectation With These Two Scenarios ? 60% Breaking Down 44200$ Support Toward a 39k And 40% Breakout The 46k Resistance Toward a 47500$

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I Would Be Happy To Share Your Opinion About This Analysis At The Comments
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Please Do Not Forget To Push The Boost Bottom

코멘트:

Bull Flag Formed At The 10Min Timeframe And I Expect a Legup To The 46700$

코멘트:

✅ The Price Rejected Hard From The 45900$ ,It’s a Confirmation Of The First Scenario That I Mentioned At The Previous Update

👉 But One Important Point Is ,Still We Have a One Hope For Bulls And Its 41400$ Level ,If The Price Hold This Level I Can Name It As a Wave C Low So 47500$ Is Still Reachable ,Otherwise In a Situation Of Breaking Down This Trend Line The Next Target Will Be 39k

코멘트:

✅ We Had a Nice Bounce From The Trend Line From 42200$ To 44400$

👉 Currently Depend On The Main Analysis The 44400$ Support Is Broken And Now It Flipped To The Resistance And As Long As The Price Playing Below This Level My Next Station Is 39k

코멘트:

👉 At 1H Timeframe Clear Rising Wedge Formed At The Chart Which Is a Sign of 4th Wave PRZ ,So My Main Expectation Is Correction In Coming Days Toward a 39k

📥 One Important Point : We Are In a Moment That Every One Talking About The BTC ETF Will Approve And They Could Be Right And If ETF Approve BTC Could Hit 48k Without Any Technical Reason

But Technically The Thing I See At The Chart Is Bearish Right Now ,So I Decide To Be Out of the Market These Days ,Let’s See What Will Happen

코멘트:

👉 Symmetrical Triangle Formed At The BTC Chart ,Breaking Out From The Trend Line Toward a 45k Area Is Expected As a Fakeout Then Nuke 41800$

코멘트:

👉 Nothing Changed ,Still I Expect a Legup To The 45k Area Then Nuke The 41800$

코멘트:

👉 Let Me Tell My Current Situation About The Market Clearly

🎯 I’m Totally Out Of The Market Right Now And 100% On USDT

1️⃣ If BTC ETF Approve Of Course The Price Will Pump To 48k And Probably More ,In This Situation I Lose BTC Gain But My Focus Is On Alts So I Will Enter Alts And The Gain Will Be More Than BTC

2️⃣ But If BTC ETF Reject Market Will Fully Bloody And I Don’t Want To Take This Heavy Risk

⏳ So My Choice Is Stay Away And Just Watching These Days

코멘트:

✅ Nice ,Finally The BITCOIN Price Reached 45k Area As My Main PRZ ,Although We Could See One More Legup To The 46100$ As a Top of The Channel And Also 1.618% Fibo Level But Totally I’m Bearish About The Btc And 39k Is a Target I’m Looking For