✅As I expected, Bitcoin could NOT break the previous Top and important 🟡Price Reversal Zone(PRZ)🟡.
🏃♂️Bitcoin has been moving in an Ascending Channel near the 🟡Price Reversal Zone(PRZ)🟡for the past few days but managed to break the ascending channel and Support line(1) a few hours ago.
🌊According to Elliott's wave theory, all the waves inside the ascending channel formed a Double Three Correction(WXY).
💡As in my previous post, Bitcoin still has a chance to fill the first 🔵CME Gaps🔵.
🔔I expect Bitcoin to gradually approach the 🟢Support zone($36,000_$35,560)🟢 and Support line(2) and eventually break them.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰.
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 gladly see your ideas in this post.
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