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BTCBUSD

🚀Bitcoin will go UP by Falling Wedge Pattern🚀⏰(1-Hour)⏰✅As I expected, Bitcoin fell to the 🟡 Price Reversal Zone(PRZ) 🟡 at the weekend. 💡Bitcoin has succeeded in forming a Falling Wedge Pattern . 💡Also, we can see a Regular Divergence(RD+) between two successive valleys . 🌊According to the theory of Elliott waves , Bitcoin seems to have completed wave 5 in in 🟡 Price Reversal Zone(PRZ) 🟡 🔔I expect Bitcoin to start rising from the 🟡Price Reversal Zone(PRZ)🟡in the coming hours after breaking the upper line of the Falling Wedge Pattern and at least rise to the 🔴 Resistance zone($26,800-$26,680) 🔴. -------------------------------------------------------------------------------- 🌐➕ Positive News ➕🌐: South Korean City Aims to Become a Leading Blockchain Hub with $75 Million Investment. 🌐➖ Negative News ➖🌐: Coinbase holds 5% of all Bitcoin in existence: Data. Mixin Network Losses Nearly $200M in Hack. North Korean Lazarus Group amasses over $FWB: 40M in Bitcoin, data reveals -------------------------------------------------------------------------------- Bitcoin Analyze ( BTCUSDT ), 1-hour 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 be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
108
Bitcoin is Ready to Escape from Descending Channel⏰(15_Min)⏰💡Bitcoin is moving in a Falling Wedge Pattern on the 1-hour time frame (yesterday's post).👇 💡In the 15-minute time frame, Bitcoin is moving in a main ascending channel and in a secondary descending channel . 🌊According to the theory of Elliott waves , Bitcoin seems to be completing corrective waves inside the descending channel . 🔔I expect Bitcoin to go up after breaking the upper line of the descending channel to the upper line of the ascending channel and the minimum 🔴 Resistance zone($26,800-$26,680) 🔴. -------------------------------------------------------------------------------- 🌐➕ Positive News ➕🌐: MicroStrategy has acquired an additional 5,445 BTC for ~$147.3 million at an average price of $27,053 per #bitcoin. Coinbase secures Bank of Spain registration as part of global expansion. NASA plans to prove its next Moon landing is real using blockchain. Binance looks to issue stablecoins in Japan with MUFG unit by end of 2024. Leaked documents reveal Microsoft’s plans to bring crypto wallets to Xbox. Bitcoin gains legal recognition as digital currency in Shanghai, China. UAE Leads MENA Region in DeFi Adoption: Chainalysis Report. Kraken secures money license registrations in Spain and Ireland. 🌐➖ Negative News ➖🌐: Crypto funds see sixth straight week of outflows. Crypto Exchange Huobi Hacked for $7.9 Million. Bitcoin exchange volume tracks 5-year lows as Fed inspires BTC holding. Chase Bank tells UK crypto users to take their business elsewhere -------------------------------------------------------------------------------- Bitcoin Analyze ( BTCUSDT ), 1-hour 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 be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
60
Bitcoin Crash by Ascending Broadening Wedge Pattern⏰(1-Hour)⏰✅Bitcoin crashed, as I expected in previous posts. 💡Bitcoin seems to have formed the classic Ascending Broadening Wedge pattern. 🌊According to the theory of Elliott waves , Bitcoin seems to be completing its five downtrend waves. 🔔I expect Bitcoin to complete wave 4 near one of the 32.8% and 50% Fibonacci levels and near the downtrend line and then move towards the 🟡Price Reversal Zone(PRZ)🟡 after breaking the support line . -------------------------------------------------------------------------------- 🌐➕ Positive News ➕🌐: Bitcoin Correlation With Dollar Index & Stocks Has Disappeared: Data. Bankrupt Bitcoin Miner Core Scientific to Buy 27K Bitmain Servers for $77M. 🌐➖ Negative News ➖🌐: Bitcoin Network Experiencing Something Yet Unseen. Binance Prepares to Delist Stablecoins Due to MiCA Rules. Bitcoin’s 87% Drop in 2021 Was Caused by Sam Bankman-Fried's Alameda, Ex-Employee Claims. -------------------------------------------------------------------------------- Bitcoin Analyze ( BTCUSDT ), 1-hour 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 be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
84
🚨Bitcoin Falls by Ending Diagonal Pattern🚨✅Bitcoin has been responding well to my 🟡 Price Reversal Zone(PRZ) 🟡 for the past few days. 🌊According to the theory of Elliott waves , Bitcoin seems to intend to form an Ending Diagonal pattern to complete microwave C of main wave Y . 🔔As a result, I expect Bitcoin to make a new high (slightly above PRZ ) and then start to Fall again. The target of Bitcoin drop in the first step can be the Support line . --------------------------------------- 🌐➕ Positive News ➕🌐: Crypto Asset Market Cap Should Explode by ‘5 or 10x’ During Next Bull Market, Says Macro Investor Raoul Pal. Grayscale CEO Michael Sonnenshein Says US Has Chance To ‘Assert Its Dominance’ With Crypto Regulation. Grayscale Submits Application for New Ethereum Futures ETF. 🌐➖ Negative News ➖🌐: Dormant Bitcoin Address Holding $56.3M Springs to Life After Nearly 6 Years. U.S. SEC’s Crypto Enforcement Chief Warns More Charges Coming to Exchanges, DeFi. -------------------------------------------------------------------------------- Bitcoin Analyze ( BTCUSDT ), 1-hour 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 be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
80
Bitcoin Crash from 🟡Price Reversal Zone(PRZ)🟡⏰(1-Hour)⏰🚶‍♂️Bitcoin is moving in the 🟡 Price Reversal Zone(PRZ) 🟡 and near the Resistance line and 50-SMA(Daily) . 🌊According to Elliott Wave Theory , Bitcoin seems to be completing a Double Three Correction(WXY) . 🔔I expect Microwave C of Wave Y to complete at 🟡 Price Reversal Zone(PRZ) 🟡 and Bitcoin to fall to at least the Support Line . -------------------------------------------------------------------------------- 🌐➕ Positive News ➕🌐: No Change In Rates Expected At Fed’s September Meeting. Record surge as Bitcoin micro investors reach all-time high. ‘Rich Dad’ R. Kiyosaki slams fiat money ‘FAKE’, says ‘crypto is the future’. Bitcoin (BTC) Surpasses Visa Transaction Volume. 🌐➖ Negative News ➖🌐: SEC Accuses Binance US of ‘Numerous Discovery Failures’ in Court Filing. DeFi exchange volume down 15% on a monthly basis amid UNI, CRV price crash – VanEck -------------------------------------------------------------------------------- Bitcoin Analyze ( BTCUSDT ), 1-hour 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 be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
71
🚨Bitcoin Fall after the failure of the Uptrend line🚨⏰(1-Hour)⏰✅Bitcoin managed to break the Uptrend line a few minutes ago. 🌊According to the theory of Elliott waves , Bitcoin managed to complete a Zigzag correction pattern(ABC/5-3-5) in the areas above the 🔴 Resistance zone($27,000-$26,350) 🔴 and near the 🟣Yearly Pivot Point($26,719))🟣 . 🔔I expect Bitcoin to go Down in the coming hours and at least drop to the 🎯 Target 🎯 I specified in the chart. -------------------------------------------------------------------------------- 🌐➕ Positive News ➕🌐: Bitcoin clean energy usage reportedly exceeds 50% — Will Tesla start accepting BTC payments? This 153-Year-Old Bank Giant Will Start Holding Crypto for Clients. North Korean crypto hacks down 80%, but that could change overnight: Chainalysis 🌐➖ Negative News ➖🌐: Breaking: FTX Allowed to Sell $3.4 Billion Worth of SOL, XRP, ETH, BTC and Other Coins. Crypto market outflows reached $55B in August as liquidity dwindled — Bitfinex. SEC Accuses Binance US of ‘Numerous Discovery Failures’ in Court Filing -------------------------------------------------------------------------------- Bitcoin Analyze ( BTCUSDT ), 1-hour 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 be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
87
🚨Bitcoin ready to Fall again 🗺️(15-Min)🚨🚶‍♂️Bitcoin has been moving in an Ascending Channel for several hours. 🌊According to Elliott wave theory , Bitcoin seems to be forming a Double Three Correction (WXY) . 🔔I expect Bitcoin to fall at least to the Target I specified in the chart after Breaking the ascending channel. ❗️ Note ❗️: If Bitcoin breaks the ascending channel, the scenario will probably change -------------------------------------------------------------------------------- 🌐➕ Positive News ➕🌐: PayPal PYUSD stablecoin is 100% backed: Paxos transparency report 🌐➖ Negative News ➖🌐: 🔥Mt. Gox repayment date looming.🔥 🔥The Big Day is September 13th: Court May Grant FTX Liquidation Permission - Here are the Cryptocurrencies Under Threat of Liquidation.🔥 Coinex confirmed its platform was hacked. Coinbase to Face ‘Reality Check’ as Retail FOMO Is Fading, Mizuho Says. Asia Remains Strong as Global Crypto Adoption Declines Binance.US cuts third of staff as CEO Brian Shroder leaves. US CPI inflation increases to 3.7% in August vs. 3.6% anticipated. -------------------------------------------------------------------------------- Bitcoin Analyze ( BTCUSDT ), 15-minute 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 be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
47
Bitcoin Analyze🗺️(15-Min)✅Bitcoin managed to break the Resistance line hours ago. 🌊With Bitcoin breaking the Resistance line , we can confirm the end of the main wave A . 🔔I expect Bitcoin to reach the 🟡 Price Reversal Zone(PRZ) 🟡 in the coming hours and then start to fall until the resistance line (actually a pullback ). -------------------------------------------------------------------------------- 🌐➕ Positive News ➕🌐: Tom Emmer Sponsoring Amendment To Prevent Gary Gensler From ‘Weaponizing the SEC’ Against Digital Assets. ANTHONY POMPLIANO SAYS BITCOIN BULL RUN IS COMING. Bitcoin Adoption: Addresses Saw 2nd-Highest Rise In History This Weekend. Ex-PayPal, Facebook exec David Marcus says Lightning can turn Bitcoin into a ‘real global payment network.’ Long-term Bitcoin holders continue to eclipse the exchange supply. Justin Sun plans to buy the tokens and assets of the bankrupt FTX exchange, which it can sell from September 13, to reduce the selling pressure on the market. 🌐➖ Negative News ➖🌐: 🔥Mt. Gox repayment date looming.🔥 🔥The Big Day is September 13th: Court May Grant FTX Liquidation Permission - Here are the Cryptocurrencies Under Threat of Liquidation.🔥 Coinbase To Put An End Operations in India. Strong Dollar and Regulatory Woes Causing Negative Sentiment Among Institutions. -------------------------------------------------------------------------------- Bitcoin Analyze ( BTCUSDT ), 15-minute 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 be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
by pejman_zwin
74
🚨☠️Dead Cross☠️ Happened🚨💡First, I must say that the most important thing that happened a few minutes ago was the ☠️ Dead Cross Signal ☠️. 📚☠️ Dead Cross Signal ☠️: The death cross appears on a chart when an asset's short-term Moving Average(MA) , usually the 50-day , crosses below its long-term moving average, usually the 200-day . 📚🥇 Golden Cross Signal 🥇: In technical analysis, a golden cross occurs when the 50-day Moving Average(MA) crosses above the 200-day moving average. It's a bullish sign, indicating that the market may be heading toward a longer-term uptrend or bull market. 🌊Bitcoin has started its Major Corrective Waves in the Descending Channel for more than two years. 🌊Currently, Bitcoin has managed to complete its Five Impulse Waves above the descending channel. 🌊After breaking the Uptrend line , we confirmed the end of the Main Wave 5 . 🌊Bitcoin is currently completing the first corrective wave, Wave A , in the 🟢 Heavy Support zone($25,280-$23,900) 🟢. 🔔I expect Bitcoin to start rising again from the 🟢 Heavy Support zone($25,280-$23,900) 🟢 and get back near the upper line of the descending channel and then fall again and break the 🟢 Heavy Support zone($25,280-$23,900) 🟢 and fall to the🟡 Price Reversal Zone(PRZ) 🟡 and fill the 🔵 CME Gap 🔵. (My expectation is that the structure of corrective waves is Zigzag(ABC/5-3-5) ). Bitcoin Analyze ( BTCUSDT ), Daily 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 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.
Short
by pejman_zwin
89
Bitcoin is Ready to 🚀Pump🚀 Again⏰(4-Hour)⏰🤝Maybe everyone is watching Bitcoin, but I hope you are always in profit and enjoying your profit. 🚀Today, I want to share a bullish scenario that is not far away. 🌊For me, the best tool for determining the Bitcoin roadmap is the Elliott Wave Theory , as my old followers know. 💡Bitcoin is currently seriously attacking the 🟢Heavy Support zone($25,280-$23,900)🟢 for the second time, in my opinion. Generally, it takes more than two tests of a Heavy Support or Resistance zone to break. So, I expect Bitcoin to Fail the second time around. 🌊In terms of Elliott waves , Bitcoin seems to be moving in microwave 5 of the main wave 5 . 🔔I expect the main wave 5 to finish in 🟡 Price Reversal Zone(PRZ) 🟡, and Bitcoin will be pumped at least UP to the Resistance line (of course, after the Downtrend line breaks). ⚠️ Note : If BTC touches $23,000 Scenario will Change. ⚠️The negative thing that can worry us is that if Bitcoin issues the ☠️Dead Cross Signal☠️ , we should see the loss of the 🟢 Heavy Support zone($25,280-$23,900) 🟢. 📚☠️ Dead Cross Signal ☠️: The death cross appears on a chart when an asset's short-term Moving Average(MA) , usually the 50-day , crosses below its long-term moving average, usually the 200-day . Bitcoin Analyze ( BTCUSDT ), 4-hour 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.
Long
by pejman_zwin
40
Bitcoin ⚔️Attacks⚔️ the Support line again⏰(1-Hour)⏰🌟Bitcoin managed to form a Shooting Star Candlestick Pattern in 🟡 Price Reversal Zone(PRZ) 🟡. 🌊Regarding Elliott waves , it looks like Bitcoin is completing the Double Three Correction waves (WXY), although I have another wave count for wave 4, which again points to Bitcoin falling . 🔔I expect Bitcoin to Fall near the Support line . -------------------------------------------------------------------------------- 🌐➕ Positive News ➕🌐: This Analyst Believes a Spot Bitcoin ETF Could Push Prices Over $42,000 Within 100 Days Latest Comments from Coinbase CEO: “SEC Chairman May Change in 2024, We Are Developing New System Instead of Stablecoins”. 🌐➖ Negative News ➖🌐: Crypto Liquidity Becoming More Concentrated Within Top Exchanges, Says Analytics Firm Kaiko. 🔥Mt. Gox repayment date looming.🔥 🔥The Big Day is September 13th: Court May Grant FTX Liquidation Permission - Here are the Cryptocurrencies Under Threat of Liquidation.🔥 -------------------------------------------------------------------------------- Bitcoin Analyze ( BTCUSDT ), 1-hour 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 be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
56
Bitcoin is Ready to ⚔️Attack⚔️ the Support line⏰(15_Min)⏰✅As I expected, Bitcoin is completing the waves that I shared with you in the last few days. (I suggest you follow the previous posts to get a better understanding of the Bitcoin roadmap .). ↘️Bitcoin came back below the Resistance line and attacked the 🟢 Support zone($25,840_$25,600) 🟢. 🌊In terms of Elliott wave theory , Bitcoin is completing its 5-wave downtrend;it seems to be completing wave 4 in 🟡 Price Reversal Zone(PRZ) 🟡. 🔔I expect Bitcoin will attack the Support line . 📚Of course, it should be noted that wave 4 may continue on Saturdays and Sundays , the reason being that the Volume Trading is generally low on these days. -------------------------------------------------------------------------------- 🌐➕ Positive News ➕🌐: Nearly Half Of Institutions Are Holding Digital Assets For Clients: Report. JPMorgan moves into deposit tokens for settlements: Report. 🌐➖ Negative News ➖🌐: Bitcoin liquidates $23M in shorts as BTC price tags new September high. CFTC Goes After Opyn, Other DeFi Operations in Enforcement Sweep. IMF Releases New Paper to Address Crypto’s Risks to Financial Stability. 11,196 Years Jail Sentence for Faruk Özer, CEO of Collapsed Turkish Crypto Exchange Thodex. Bitcoin worth $128 million sent to exchanges. FED Statement on Stablecoins! -------------------------------------------------------------------------------- Bitcoin Analyze ( BTCUSDT ), 15-minute 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 be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
59
🚨 Bitcoin Ready to Fall Again🚨⏰(1-Hour)⏰✅As I expected in the post a few hours ago, Bitcoin was able to break the Resistance line(1) and reach the 🟡 Price Reversal Zone(PRZ) 🟡.👇 🌊According to the theory of Elliott waves , Bitcoin managed to complete the Double Three Correction(WXY) waves at the 🟡 Price Reversal Zone(PRZ) 🟡 and the Resistance line(2) . 💡Also, we can see a Regular Divergence(RD-) between Volume and Price between two consecutive Peaks . 🔔I expect Bitcoin to come back below the Resistance line(1) in the coming hours, and this time it is likely to break the 🟢 Support zone($25,840_$25,600) 🟢. Bitcoin Analyze ( BTCUSDT ), 1-hour 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 be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
68
BTC expanded flat for wave 2I'm only short for BTC near term until this wave 2 finishes Sep-Oct. Once it completes this wave 2, I'm bullish. Scenario 2 for me is the expanded flat. Scenario 1 is a Sideways Double Combo, barely. I'll post a chart link below. I realize my wave B is a low probability due to the terrible (a) to (c) relationship, with an ending expanding diagonal to boot. I could have run with a wave B flat. Statistically, flats do occur in the wave B of a flat roughly 10% of the time, according to the work by Rich Swannell. If I used the flat, it would then incorporate that upper chop anyway into a ugly wave-c. And wave 4-5 of the "c" is out of ratio to wave 1-2. So that seemed like stacking low probabilities. I saw it as pick your poison.
INDEX:BTCUSDShort
by gz1968
Bitcoin is Ready to ⚔️Attack⚔️ the Resistance Line⏰(1-Hour)⏰💡Bitcoin has not had many price changes in the last 7 days (of course, we witnessed an emotional market in some minutes). Most of the time, Bitcoin has been moving between two lines of Support and Resistance and the 🟢 Support zone($25,840_$25,600) 🟢. 📚In general, it is more difficult to profit when there is Little Movement in the financial markets than when the financial markets are Trending . 🌊If we want to evaluate the recent movements of Bitcoin during the last seven days according to the theory of Elliott waves , it seems that Bitcoin is forming a correction pattern of Double Three Correction(WXY) . 🌊Bitcoin is on the way to complete the last corrective wave, the Wave Y. 🔔I expect Bitcoin to at least go UP to the Resistance line and, if it breaks, to the 🟡 Price Reversal Zone(PRZ) 🟡. 💡Also, there is a possibility that the Contracting Triangle will develop in the coming days, but it is too Early to talk about this scenario. 💡In terms of classical analysis, Bitcoin has been able to form a Symmetrical Triangle . In general, the symmetric triangle is a Continuing Pattern , and if Bitcoin can break the downward Support line , we should expect more losses. -------------------------------------------------------------------------------- 🌐➕ Positive News ➕🌐: BTC bull market began in March, more will realize in a year — Arthur Hayes. Following SEC delays, ARK Invest and 21Shares file for spot Ether ETF. Grayscale Bitcoin Trust’s alleged wallet addresses released by Arkham. 🌐➖ Negative News ➖🌐: Crypto Exchanges Are the Least Trusted Financial Institutions, Survey Says. $24 Million Worth of Crypto Wiped out Overnight in Massive Phishing Attack. Palau to freeze USD-backed stablecoin after pilot launch in July -------------------------------------------------------------------------------- Bitcoin Analyze ( BTCUSDT ), 1-hour 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 be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
32
Bitcoin will go UP by Falling Wedge Pattern🚀(15-Min)🏃‍♂️Bitcoin has been moving in a Rectangle Pattern for over 36 hours , although we have seen 🐮 Bull Trap 🐮 and 🐻 Bear Trap 🐻 in this pattern. ➕Bitcoin is currently moving near the lower line of the Ascending Channel and the Support line . ➕Also, in the middle of the Rectangle Pattern, Bitcoin has succeeded in forming a Falling Wedge Pattern . 🔔I expect Bitcoin to Attack the upper line of the Rectangle pattern after breaking the upper line of the Falling Wedge pattern. Bitcoin Analyze ( BTCUSDT ), 15-minute 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 be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
91
🚨Bitcoin is Ready to Break Descending Channel🚨⏰(1-Hour)⏰🏃‍♂️Bitcoin is moving in the 🟢 Support zone($25,840_$25,600) 🟢 after leaving behind a 🐻 Bear Trap 🐻. 📚It is better to know that, in general, Volume Trading is ↘️ Low ↘️ on Saturdays and Sundays . 🌊According to the theory of Elliott waves , it seems that Bitcoin has successfully completed its 5 downward waves and has already started corrective waves . 💡One of the signs of the completion of wave 5 is the Regular Divergence (RD+) between two consecutive bottoms in the RSI indicator . 💡Another sign that we can hope that Bitcoin will succeed in breaking the Descending Channel is the Regular Divergence (RD+) between Volume and Price in two consecutive bottoms . 🔔I expect Bitcoin to gradually break out of the Descending Channel and reach the 🔴 Resistance zone($27,000-$26,350) 🔴 and 🎯 Target 🎯 I have identified on the chart. Bitcoin Analyze ( BTCUSDT ), 1-hour 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 be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
57
Bitcoin is Ready to go UP from the Bottom of Ascending Channel🚀Hi everyone👋. 🏃‍♂️Bitcoin is moving in the 🟢 Support zone($25,840_$25,600) 🟢 and near the Support line , and the lower line of the Ascending channel . 🌊According to the theory of Elliott waves, it seems that Bitcoin is completing Corrective Waves inside the ascending channel. 💡Since parallel markets such as Gold have taken a downward trend in the past day and the DXY index has an upward trend, but Bitcoin managed to maintain the 🟢 Support zone($25,840_$25,600) 🟢 and the Support line . (This can be a good sign that increases the possibility of Bitcoin increasing in the coming hours.) 🔔I expect Bitcoin to reach the upper part of the ascending channel and the 🔴 Resistance zone($27,000-$26,350) 🔴 in the coming hours to complete Wave C . -------------------------------------------------------------------------------- 🌐➕ Positive News ➕🌐: Crypto ETF Opportunity Doesn't Stop at Bitcoin, Extends Into Multiple Digital Assets: Bernstein. OKX Cryptocurrency Exchange Expands into India, Focusing on Web3 Potential and Local Talent. 🌐➖ Negative News ➖🌐: Crypto Exchange Volumes Fall to 2020 Levels as Institutional Funds Hemorrhage. Drake-Backed Crypto Casino Stake Loses $FWB:40 M in 'Unauthorized' Transfers. Trouble in the Metaverse: 99% of Play-to-Earn Investors Now Counting Their Losses. Exploits, hacks and scams stole almost $1B in 2023: Report. -------------------------------------------------------------------------------- Bitcoin Analyze ( BTCUSDT ), 1-hour 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 be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
20
Bitcoin Analyze🗺️(15-Min)Hi everyone👋. 🌐After the SEC announced the delay in the review of the Bitcoin ETFs yesterday, the market started to fall again; maybe this fall is a prelude to September , which has mostly been a bearish month in these years. 🌊According to the theory of Elliott waves , it seems that Bitcoin is going to complete its corrective waves today. 🌊The structure of the first corrective wave was the Leading Diagonal . 🔔I expect the corrective waves to last at least as far as the 🎯 target 🎯 I have marked on the chart. -------------------------------------------------------------------------------- 🌐➕ Positive News ➕🌐: Dogecoin and Bitcoin Get Boost from Robinhood. Bitcoin ETFs have 75% chance of approval this year: Bloomberg analysts. Bitcoin Holdings on Crypto Exchanges Dwindle to 2M, Fewest Since January 2018. 🌐➖ Negative News ➖🌐: Crypto Exchanges Bybit and Okx Drop Cards of Sanctioned Russian Banks. SEC delays decisions on bitcoin ETFs from firms including BlackRock and Fidelity. SEC Postpones Verdict on 7 Spot Bitcoin ETF Applications. Bitwise withdraws Bitcoin and Ether Market Cap ETF application. -------------------------------------------------------------------------------- Bitcoin Analyze ( BTCUSDT ), 15-minute 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 be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
58
🚀Bitcoin Ready to Rise Again (short-term)🚀💡 After Grayscale Emerges Victorious Against SEC in ETF Case , Bitcoin was able to break the 🔴 Resistance Zone($27,000-$26,350) 🔴. ❓The question here is, will Bitcoin find an upward trend❗️❓ 🌊Let's look at the movements of Bitcoin in terms of Elliott Wave theory . 🌊In 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 . 🌊The correction structure of wave 4 is a Zigzag correction type(ABC/5-3-5) . 🌊Microwave 4 of microwave C of the main wave 4 can be considered as a pull back to the broken 🔴 Resistance Zone($27,000-$26,350) 🔴. 🔔I expect microwave 4 of microwave C of the main wave 4 to end at 🟡 Price Reversal Zone(PRZ) 🟡 and Bitcoin to start rising again (the main wave 4 🎯target🎯 could be near the Resistance Line ). -------------------------------------------------------------------------------- 🌐➕ Positive News ➕🌐: 🔥Breaking: Bitcoin Price Surges as Grayscale Emerges Victorious Against SEC in ETF Case.🔥 Bitcoin (BTC) HODL Metrics at Five-Year Highs. Binance to serve Belgian users via Polish arm. Jacobi spot Bitcoin ETF classed as ‘environmental investing’ by issuer. Coinbase shares jump 14% amid market revelry over Grayscale win. Binance launches Send Cash in Latin America. Elon Musk’s X moves closer to crypto payments with new state license. 🌐➖ Negative News ➖🌐: 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 ⏰. 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 ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
75