Bitcoin moved as I expected in the previous post and started to rise after breaking the Resistance zone($64,140-$63,820).
Bitcoin was accompanied by two pieces of good news in the last 24 hours:
PayPal Opens Crypto Trading for US Businesses.
BlackRock Sees Highest Monthly ETF Inflow as US Bitcoin Holdings Climb.
Bitcoin is moving in the Resistance zone($67,380-$64,880) near the Potential Reversal Zone(PRZ) and in the Time Reversal Zone(TRZ).
According to the theory of Elliott waves, Bitcoin seems to be completing microwave 5 of the main wave C. (Actually, I think Bitcoin is still in corrective waves).
Also, Regular Divergence (RD-) between Consecutive Peaks.
The USDT.D chart is moving in the Heavy Support zone, near the Support lines and the lower line of the Descending Channel. I expect USDT.D% to attack at least the upper line of the descending channel in the coming hours. As a result, I expect Bitcoin to decline to at least the lower line of the ascending channel and Fill the CME GAPBTC1! , and if this line and Support zone($64,140-$63,820) are broken, we should expect Bitcoin to decline to at least $63,000.
⚠️Note: If Bitcoin breaks the Resistance zone($67,380-$64,880), we can expect BTC pump to near $69,000.⚠️
Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
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Tensions between Lebanon and Israel can affect Bitcoin's decline.
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BTC was able to break the lower line of the ascending channel.
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Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.