â
Bitcoin managed to break the Uptrend line a few minutes ago.
ðAccording to the theory of Elliott waves, Bitcoin managed to complete a Zigzag correction pattern(ABC/5-3-5) in the areas above the ðīResistance zone($27,000-$26,350)ðī and near the ðĢYearly Pivot Point($26,719))ðĢ.
ðI expect Bitcoin to go Down in the coming hours and at least drop to the ðŊTargetðŊ I specified in the chart.
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ðâPositive Newsâð:
Bitcoin clean energy usage reportedly exceeds 50% â Will Tesla start accepting BTC payments?
This 153-Year-Old Bank Giant Will Start Holding Crypto for Clients.
North Korean crypto hacks down 80%, but that could change overnight: Chainalysis
ðâNegative Newsâð:
Breaking: FTX Allowed to Sell $3.4 Billion Worth of SOL, XRP, ETH, BTC and Other Coins.
Crypto market outflows reached 55B in August as liquidity dwindled â Bitfinex.
SEC Accuses Binance US of âNumerous Discovery Failuresâ in Court Filing
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Bitcoin Analyze ( BTCUSDT ), 1-hour time frame â°.
Do not forget to put Stop loss for your positions (For every position you want to open).
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