Bitcoin’s Next Move – Another Attack on Resistance zone?Bitcoin ( BINANCE:BTCUSDT ) fell to $83,400 as I expected in the previous analysis , the question is whether Bitcoin will continue to decline or not.
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Bitcoin is moving in the Support zone($84,120_$81,500) and near the Support lines . The way Bitcoin has moved and decreased since yesterday until now has been such that it seems that Bitcoin can attack the Resistance zone($87,100_$85,800) at least once more.
In terms of Elliott Wave theory , given Bitcoin’s movements over the past few hours, it appears that Bitcoin is completing a microwave B of the main wave Y .
I expect Bitcoin to be able to attack the Resistance zone($87,100_$85,800) once again and if it breaks, I have marked the next targets on the chart .
Do you think Bitcoin can touch $90,000 again?
Note: If Bitcoin goes below $81,800, we can expect more dumps.
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Bitcoin Analyze (BTCUSDT), 2-hour time frame.
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