ðBitcoin Ready to Rise Again (short-term)ð
āļāļĩāđāļāļąāļāđāļāļ:
ðĄ After Grayscale Emerges Victorious Against SEC in ETF Case, Bitcoin was able to break the ðīResistance Zone($27,000-$26,350)ðī.
âThe question here is, will Bitcoin find an upward trendâïļâ
ðLet's look at the movements of Bitcoin in terms of Elliott Wave theory.
ðIn my opinion, Bitcoin is still in corrective waves after yesterday's rise, so that it is currently completing microwave 4 of microwave C of the main wave 4.
ðThe correction structure of wave 4 is a Zigzag correction type(ABC/5-3-5).
ðMicrowave 4 of microwave C of the main wave 4 can be considered as a pull back to the broken ðīResistance Zone($27,000-$26,350)ðī.
ðI expect microwave 4 of microwave C of the main wave 4 to end at ðĄPrice Reversal Zone(PRZ)ðĄ and Bitcoin to start rising again (the main wave 4 ðŊtargetðŊ could be near the Resistance Line).
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ðâPositive Newsâð:
ðĨBreaking: Bitcoin Price Surges as Grayscale Emerges Victorious Against SEC in ETF Case.ðĨ
Bitcoin (BTC) HODL Metrics at Five-Year Highs.
Binance to serve Belgian users via Polish arm.
Jacobi spot Bitcoin ETF classed as âenvironmental investingâ by issuer.
Coinbase shares jump 14% amid market revelry over Grayscale win.
Binance launches Send Cash in Latin America.
Elon Muskâs X moves closer to crypto payments with new state license.
ðâNegative Newsâð:
16 Bitcoin mining companies have $4.47 billion in losses in a year.
Binance considers a full exit from Russia: WSJ
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Bitcoin Analyze ( BTCUSDT ), 4-hour time frame â°.
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 be glad to see your ideas in this post.
Please do not forget the â ' like'â button ðð & Share it with your friends; thanks, and Trade safe.
âThe question here is, will Bitcoin find an upward trendâïļâ
ðLet's look at the movements of Bitcoin in terms of Elliott Wave theory.
ðIn my opinion, Bitcoin is still in corrective waves after yesterday's rise, so that it is currently completing microwave 4 of microwave C of the main wave 4.
ðThe correction structure of wave 4 is a Zigzag correction type(ABC/5-3-5).
ðMicrowave 4 of microwave C of the main wave 4 can be considered as a pull back to the broken ðīResistance Zone($27,000-$26,350)ðī.
ðI expect microwave 4 of microwave C of the main wave 4 to end at ðĄPrice Reversal Zone(PRZ)ðĄ and Bitcoin to start rising again (the main wave 4 ðŊtargetðŊ could be near the Resistance Line).
--------------------------------------------------------------------------------
ðâPositive Newsâð:
ðĨBreaking: Bitcoin Price Surges as Grayscale Emerges Victorious Against SEC in ETF Case.ðĨ
Bitcoin (BTC) HODL Metrics at Five-Year Highs.
Binance to serve Belgian users via Polish arm.
Jacobi spot Bitcoin ETF classed as âenvironmental investingâ by issuer.
Coinbase shares jump 14% amid market revelry over Grayscale win.
Binance launches Send Cash in Latin America.
Elon Muskâs X moves closer to crypto payments with new state license.
ðâNegative Newsâð:
16 Bitcoin mining companies have $4.47 billion in losses in a year.
Binance considers a full exit from Russia: WSJ
--------------------------------------------------------------------------------
Bitcoin Analyze ( BTCUSDT ), 4-hour time frame â°.
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 be glad to see your ideas in this post.
Please do not forget the â ' like'â button ðð & Share it with your friends; thanks, and Trade safe.
āļāļēāļĢāļāļ·āđāļāļāļēāļĒāļĒāļąāļāļāļāļāļģāđāļāļīāļāļāļĒāļđāđ
āļāļąāļāļāļķāļāļāđāļ§āļĒāļāļģ
The ðĄPrice Reversal Zone(PRZ)ðĄhas held Bitcoin well, and I still expect an increase in this zone.āļāļīāļāļāļēāļĢāđāļāļĢāļ: āļāļķāļāđāļāđāļēāļŦāļĄāļēāļĒāļāļēāļĢāļāļąāļāļāļēāļāļāļļāļ
SEC Can Keep Blocking Bitcoin ETFs, But A Grayscale Win Bodes Well For These StocksThis news changed the scenario
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