Bitcoin is Ready to Pump Again==>>Short-term

Hôm kia

Bitcoin(BTCUSDT) moved as I expected yesterday.

Bitcoin is moving near the Ascending Channel's lower line, Support lines, and Potential Reversal Zone(PRZ)[$96,400-$94,500].

According to Elliott's wave theory, Bitcoin seems to be completing wave 5.

I expect Bitcoin to rise again from the Potential Reversal Zone(PRZ)[$96,400-$94,500] and Support zone($95,000-$93,500).

⚠️Note: If Bitcoin breaks below the Support zone($95,000-$93,500), there is a high probability that Bitcoin will go below $90,000.⚠️

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Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.

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21 giờ trước

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✅The First Target Done (yesterday).✅

Bitcoin update:

First, I expanded the Support zone: New support zone ($95,000-$90,870)

BTC is moving in the Support zone, near the support lines and 50_SMA(Daily).

We can see RD+ between consecutive valleys.

Bitcoin seems to have succeeded in breaking the Lower line of the Ascending Channel.

According to Elliott's wave theory, we should wait for wave 4 (pullback to the ascending channel).

⚠️Note: If Bitcoin breaks below the Support zone($95,000-$93,500), there is a high probability that Bitcoin will go below $90,000.⚠️