Bitcoin is currently moving in the Resistance zone($55,720-$54,550).
According to the Elliott wave theory, Bitcoin seems to have completed main wave 4 with the Double Three Correction(WXY).
Also, in terms of Classic Technical Analysis, Bitcoin is moving in a Symmetrical Triangle on the 15-minute time frame. The symmetrical triangle is the Continuation Pattern.
I expect Bitcoin to break the Resistance zone($55,720-$54,550) in the coming hours after breaking the Upper line of the Symmetrical triangle.
If you want to know more about Bitcoin, please look at the below post: Note: If Bitcoin breaks the uptrend line, we can expect more dumps.
Bitcoin Analyze (BTCUSDT), 15-minute frame⏰.
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تم فتح الصفقة
BTC broke the upper line of the Symmetrical Triangle.
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