The Bullish Case for Bitcoin! A Comprehensive Analysis!!!

٢٩ يونيو ٢٠٢٣

Chart is speaking it self!!!

🌟The Bitcoin is in a Bullish phase by ⤵️⤵️

➡️the BTCUSD has finished It's first five waves of Elliot wave principle movement (12345 Impulse wave) and also (ABC) wave. The possibility of starting a impulse 5th waves!!!

➡️falling wedge pattern it means that the price would increase and the price has already broken the pattern!
➡️the price now is making a pullback to the bottom of the descending triangle (which is shown in the picture) if the price breaks that important level we shall see a lot of increase in the price!
➡️A inverse head and shoulders pattern means a great bullish trend on the horizon (AB=CD).
➡️also Broadening Wedge it is another bullish sign.

🌟 Bullish signals are:
-Head&Shoulder.
-Broadening Wedge.
- falling Wegde.
-This is Longterm Analysis!!!

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٢٩ يونيو ٢٠٢٣

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