Hi everyone๐(Reading time less than 2 minutesโฐ).
Bitcoin managed to complete its 5-wave impulse at $31,431.
Bitcoin has been moving in a descending channel for about 4 days, which contains the corrective waves of the main wave A.
The main structure of wave A is the Double Three Correction(WXY).
Bitcoin was currently able to complete the microwave C of microwave Y of the main wave A.
๐I expect Bitcoin will go up from the current price and break the upper line of descending channel.
๐ฏBitcoin's growth targets can be at least between $31,110-$30,850๐ฏ.
๐The challenge of counting Bitcoin waves seems to be microwave 5 of the main wave 5 because its structure is the truncated wave.๐
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.
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