😱Yesterday, after the news of BlackRock's spot Bitcoin ETF approval came, Bitcoin started to pump and surprised many.
🌊The Bitcoin wave count scenario changed with Bitcoin crossing $31,810. And at the same time, Bitcoin seems to have succeeded in breaking the 🔴Heavy Resistance zone($33,000-$27,500)🔴.
❓Maybe the question is how much Bitcoin can grow.
To answer the above question, it is better to review the Bitcoin chart from the weekly time frame.
🌊According to Elliott's wave theory, Bitcoin has entered a new impulse wave after crossing $31,810, so it is currently moving in wave 3 of Bitcoin.
🌊It seems that wave 3 of Bitcoin can end in the 🟡Price Reversal Zone(PRZ)🟡 and 🟡Time Reversal Zone(TRZ)🟡, and then wave 4 will end near the Support line, and then Bitcoin will start growing again.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSD ), Weekly time frame ⏰.
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 ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
🌊The Bitcoin wave count scenario changed with Bitcoin crossing $31,810. And at the same time, Bitcoin seems to have succeeded in breaking the 🔴Heavy Resistance zone($33,000-$27,500)🔴.
❓Maybe the question is how much Bitcoin can grow.
To answer the above question, it is better to review the Bitcoin chart from the weekly time frame.
🌊According to Elliott's wave theory, Bitcoin has entered a new impulse wave after crossing $31,810, so it is currently moving in wave 3 of Bitcoin.
🌊It seems that wave 3 of Bitcoin can end in the 🟡Price Reversal Zone(PRZ)🟡 and 🟡Time Reversal Zone(TRZ)🟡, and then wave 4 will end near the Support line, and then Bitcoin will start growing again.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSD ), Weekly time frame ⏰.
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 ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
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🎁Get a 20% Discount on your trading FEE on Bingx: shorturl.at/cfhE3
