Bitcoin Analyze (Short Term, Timeframe 2H)!!!

٢٩ يوليو ٢٠٢٢

Bitcoin is moving near the top of the Heavy Resistance Zone.

Bitcoin is making a Double Zigzag Correction (ABC/5-3-5).

We have two scenarios for Bitcoin now:

🔆Scenario 1: Bitcoin was able to find the end of main wave C, and it will go DOWN at least to 20800$

🔆Scenario 2: if microwave 3 of main wave C is extended, then we can expect that Bitcoin can make a Bearish AB=CD Harmonic Pattern around my PRZ (Price Reversal Zone) & TRZ (Time Reversal Zone).

Also, Pitchfork's lines are working well in Bitcoin Chart.

Bitcoin Analyze ( BTCUSDT ) Timeframe 2H⏰

🔴Heavy Resistance Zone🔴: 24180$ to 22500$

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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