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As I expected, Bitcoin fell to the ðĄPrice Reversal Zone(PRZ)ðĄ at the weekend.
ðĄBitcoin has succeeded in forming a Falling Wedge Pattern.
ðĄAlso, we can see a Regular Divergence(RD+) between two successive valleys.
ðAccording to the theory of Elliott waves, Bitcoin seems to have completed wave 5 in in ðĄPrice Reversal Zone(PRZ)ðĄ
ðI expect Bitcoin to start rising from the ðĄPrice Reversal Zone(PRZ)ðĄin the coming hours after breaking the upper line of the Falling Wedge Pattern and at least rise to the ðīResistance zone($26,800-$26,680)ðī.
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ðâPositive Newsâð:
South Korean City Aims to Become a Leading Blockchain Hub with $75 Million Investment.
ðâNegative Newsâð:
Coinbase holds 5% of all Bitcoin in existence: Data.
Mixin Network Losses Nearly 200M in Hack.
North Korean Lazarus Group amasses over FWB: 40M in Bitcoin, data reveals
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Bitcoin Analyze ( BTCUSDT ), 1-hour time frame â°.
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