Bitcoin has managed to form an ascending channel in the 15-minute time frameโฐ.
In terms of the structure of the waves in the ascending channel, I can say that Bitcoin was able to complete the main wave Y at the top of ascending channel and ๐กPrice Reversal Zone(PRZ).
๐I expect Bitcoin to try again to break the ๐ขsupport zone($29,850-$29,480)๐ข โ ๏ธafter breaking the lower line of ascending channelโ ๏ธ.
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๐โPositive Newsโ๐:
Indonesia launches its crypto exchange and clearing house.
Couple Alleged to Have Stolen $4.5 Billion Bitcoin in Bitfinex Hack Case Reached a Deal with US Prosecutors.
Teslaโs diamond hands: EV maker's Bitcoin holdings see no change in Q2.
Robert F. Kennedy Jr. Wants Bitcoin Backed U.S. Dollars and Tax Breaks for Investors.
Bitcoin ETFs Move Closer To Approval, SEC Lists 8 Applicants On Federal Register.
Societe Generale Becomes First Company to Win French Crypto License.
๐โNegative Newsโ๐:
Bloomberg Analyst Issues Bitcoin Alert, Says One Catalyst Could Cause Headwinds for BTC.
US Government Sells Another 8,200 Bitcoin, On-Chain Data Confirms.
The Bill Bringing Strict Rules to Cryptocurrencies Has Been Submitted to the US Senate!
UK Government Rejects Lawmaker Plan to Regulate Crypto as Gambling.
Kuwait Cracks Down on Crypto, Banning Payments, Investment and Mining.
Elon Muskโs Tesla Keeps Dogecoin (DOGE) As Payment Option While Removing Bitcoin (BTC).
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Bitcoin Analyze ( BTCUSDT ), 15-minute 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 be glad to see your ideas in this post.
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