ðHi everyone.
ðââïļBitcoin is moving near the ðīResistance zone($30,450-$29,500)ðī and Important Resistance line.
ðAccording to the theory of Elliott waves, Bitcoin seems to have succeeded in completing microwave A from the main wave B by means of Expanding Leading Diagonal.
ðIf we want to look at Bitcoin from the point of view of classical technical analysis, the Expanding Leading Diagonal is actually the Ascending Broadening Wedge.
ðĄAlso, we can see Regular Divergence(RD-) between two Consecutive Peaks.
ðI expect Bitcoin to start falling again and at least to theðĒSupport zone($26,880-$26,500)ðĒ and the ðĩCME Gap($26,400-$26,290)ðĩ is likely to be filled in this fall.
âïļNoteâïļ: If Bitcoin goes over $31,000,this analysis will âFailâ.
--------------------------------------------------------------------------------
ðâPositive Newsâð:
Novogratz thinks bitcoin ETFs will be approved this year.
Euro CBDC Advances Into âPreparation Phaseâ: European Central Bank.
Lightning Labs releases Taproot Assets alpha, bringing stablecoins to Bitcoin.
Fidelity Submits Updated Spot Bitcoin ETF Application.
UAE emirate launches new free zone for digital assets, Web3 and AI.
Bitcoin price could rise to $56,000 if BlackRock ETF approved: Matrixport.
Morgan Stanley Says âCrypto Winter May Be in the Pastâ.
JPMorgan Expects SEC Approval of Multiple Spot Bitcoin ETFâs Within Months.
Crypto exchange Binance restores euro services after finding new fiat partners.
ðâNegative Newsâð:
Sen. Elizabeth Warren joins more than 100 lawmakers to ask Biden about plans to prevent crypto-financed terrorism.
Bitcoin ETF Approval Would Have Limited Impact To Coinbase's P&L: Barclay's Analyst
--------------------------------------------------------------------------------
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 gladly 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.
ðââïļBitcoin is moving near the ðīResistance zone($30,450-$29,500)ðī and Important Resistance line.
ðAccording to the theory of Elliott waves, Bitcoin seems to have succeeded in completing microwave A from the main wave B by means of Expanding Leading Diagonal.
ðIf we want to look at Bitcoin from the point of view of classical technical analysis, the Expanding Leading Diagonal is actually the Ascending Broadening Wedge.
ðĄAlso, we can see Regular Divergence(RD-) between two Consecutive Peaks.
ðI expect Bitcoin to start falling again and at least to theðĒSupport zone($26,880-$26,500)ðĒ and the ðĩCME Gap($26,400-$26,290)ðĩ is likely to be filled in this fall.
âïļNoteâïļ: If Bitcoin goes over $31,000,this analysis will âFailâ.
--------------------------------------------------------------------------------
ðâPositive Newsâð:
Novogratz thinks bitcoin ETFs will be approved this year.
Euro CBDC Advances Into âPreparation Phaseâ: European Central Bank.
Lightning Labs releases Taproot Assets alpha, bringing stablecoins to Bitcoin.
Fidelity Submits Updated Spot Bitcoin ETF Application.
UAE emirate launches new free zone for digital assets, Web3 and AI.
Bitcoin price could rise to $56,000 if BlackRock ETF approved: Matrixport.
Morgan Stanley Says âCrypto Winter May Be in the Pastâ.
JPMorgan Expects SEC Approval of Multiple Spot Bitcoin ETFâs Within Months.
Crypto exchange Binance restores euro services after finding new fiat partners.
ðâNegative Newsâð:
Sen. Elizabeth Warren joins more than 100 lawmakers to ask Biden about plans to prevent crypto-financed terrorism.
Bitcoin ETF Approval Would Have Limited Impact To Coinbase's P&L: Barclay's Analyst
--------------------------------------------------------------------------------
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 gladly 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
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
Over $31,000 == Invalid
āļāļīāļāļāļēāļĢāđāļāļĢāļ: āļāļķāļāđāļāđāļēāļŦāļĄāļēāļĒāļāļēāļĢāļāļąāļāļāļēāļāļāļļāļ
ðReal & Accurcy Free & VIP Signals/Learing Technical Analysisð t.me/ProTrader_365
ðPlease follow us on Telegram for more analysis.ð t.me/ProTrader_365
ðGet a 20% Discount on your trading FEE on Bingx: shorturl.at/cfhE3
ðPlease follow us on Telegram for more analysis.ð t.me/ProTrader_365
ðGet a 20% Discount on your trading FEE on Bingx: shorturl.at/cfhE3