๐กBitcoin is moving near the upper ๐กPrice Reversal Zone(PRZ)๐ก and the 100-SMA.
๐According to the theory of Elliott waves, Bitcoin is completing corrective waves, so it seems that wave B in ๐กPRZ๐ก has ended.
๐A sign of the completion of wave B can be the ๐ Evening Star Candlestick Pattern๐ in the ๐กPRZ๐ก.
๐I expect wave C to finish at one of the lower ๐กPRZs๐ก.
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๐โPositive Newsโ๐:
Exodus Of 30,000 BTC To Cold Wallets Spells Good News For Bitcoin Price.
Bitcoin supply on exchanges falls to the lowest level in nearly 6 years.
Bitcoin supply on exchanges falls to the lowest level in nearly 6 years.
๐โNegative Newsโ๐:
Binance Revamps Zero-Fee Bitcoin Trading, Raising Market Concerns.
Binance Suspends P2P Transactions in Russia After Lapse Sanctions Enforcement Scrutiny.
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Bitcoin Analyze ( BTCUSDT ), 1-hour time frame โฐ.
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