๐จBitcoin Fall after the failure of the Uptrend line๐จโฐ(1-Hour)โฐ

โ
Bitcoin managed to break the Uptrend line a few minutes ago.
๐According to the theory of Elliott waves, Bitcoin managed to complete a Zigzag correction pattern(ABC/5-3-5) in the areas above the ๐ดResistance zone($27,000-$26,350)๐ด and near the ๐ฃYearly Pivot Point($26,719))๐ฃ.
๐I expect Bitcoin to go Down in the coming hours and at least drop to the ๐ฏTarget๐ฏ I specified in the chart.
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๐โPositive Newsโ๐:
Bitcoin clean energy usage reportedly exceeds 50% โ 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
๐โNegative Newsโ๐:
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 โ Bitfinex.
SEC Accuses Binance US of โNumerous Discovery Failuresโ in Court Filing
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Bitcoin Analyze ( BTCUSDT ), 1-hour 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.
Please do not forget the โ ' like'โ button ๐๐ & Share it with your friends; thanks, and Trade safe.
๐According to the theory of Elliott waves, Bitcoin managed to complete a Zigzag correction pattern(ABC/5-3-5) in the areas above the ๐ดResistance zone($27,000-$26,350)๐ด and near the ๐ฃYearly Pivot Point($26,719))๐ฃ.
๐I expect Bitcoin to go Down in the coming hours and at least drop to the ๐ฏTarget๐ฏ I specified in the chart.
--------------------------------------------------------------------------------
๐โPositive Newsโ๐:
Bitcoin clean energy usage reportedly exceeds 50% โ 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
๐โNegative Newsโ๐:
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 โ Bitfinex.
SEC Accuses Binance US of โNumerous Discovery Failuresโ in Court Filing
--------------------------------------------------------------------------------
Bitcoin Analyze ( BTCUSDT ), 1-hour 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.
Please do not forget the โ ' like'โ button ๐๐ & Share it with your friends; thanks, and Trade safe.
ืขืกืงื ืคืขืืื
ืืขืจื
Bitcoin pulled back to the uptrend line.ืืขืจื
Volume Trading is basically low on Saturday and Sunday.ืืขืจื
If Bitcoin can stabilize the 4-hour candle above $27,000, we should wait for the pump. The analysis is still valid.๐Get a 20% Discount on your trading FEE on BYBIT:๐partner.bybit.com/b/PEJMANZWIN
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๐Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)๐lbank.one/join/uBythQd
๐Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)๐lbank.one/join/uBythQd
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