๐ฑYesterday, after the news of BlackRock's spot Bitcoin ETF approval came, Bitcoin started to pump and surprised many.
๐The Bitcoin wave count scenario changed with Bitcoin crossing $31,810. And at the same time, Bitcoin seems to have succeeded in breaking the ๐ดHeavy Resistance zone($33,000-$27,500)๐ด.
โMaybe 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.
๐According 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.
๐It seems that wave 3 of Bitcoin can end in the ๐กPrice Reversal Zone(PRZ)๐ก and ๐กTime Reversal Zone(TRZ)๐ก, and then wave 4 will end near the Support line, and then Bitcoin will start growing again.
โ๏ธโ ๏ธNoteโ ๏ธโ๏ธ: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSD ), Weekly time frame โฐ.
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 โ ' like'โ button ๐๐ & Share it with your friends; thanks, and Trade safe.
๐The Bitcoin wave count scenario changed with Bitcoin crossing $31,810. And at the same time, Bitcoin seems to have succeeded in breaking the ๐ดHeavy Resistance zone($33,000-$27,500)๐ด.
โMaybe 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.
๐According 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.
๐It seems that wave 3 of Bitcoin can end in the ๐กPrice Reversal Zone(PRZ)๐ก and ๐กTime Reversal Zone(TRZ)๐ก, and then wave 4 will end near the Support line, and then Bitcoin will start growing again.
โ๏ธโ ๏ธNoteโ ๏ธโ๏ธ: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSD ), Weekly time frame โฐ.
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 โ ' like'โ button ๐๐ & Share it with your friends; thanks, and Trade safe.
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ืืขืจื:
โ
Running wellโ
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๐Please follow us on Telegram for more analysis.๐ t.me/ProTrader_365
๐Get a 20% Discount on your trading FEE on Bingx: shorturl.at/cfhE3