🗺️Bitcoin Roadmap🗺️⏰(Daily time frame)⏰

👋Hi, everyone.

📈Today, I want to analyze Bitcoin for you in a daily time frame so that we can have a short-term view of Bitcoin regarding the technical analysis. (Please 🌹🙏respectfully🙏🌹 share if you have a different opinion from me or other analysts).

✅As I expected, Bitcoin started declining from 🟡Potential Reversal Zone(PRZ)🟡 after the SEC approval of Bitcoin ETFs. (In previous posts, I warned you several times that Bitcoin is near the end of its upward trend.)

🏃‍♂️Bitcoin has been moving in an Ascending Channel for more than a year, and as long as Bitcoin is moving in this channel, we can still hope for the rise of Bitcoin.

⚔️Currently, Bitcoin is attacking the 🟢Support zone($39,000-$37,000)🟢, SMA(100)and Support line for the first time. Of course, it seems that Bitcoin will NOT succeed in breaking this zone.

📚Assets generally do NOT break Support and Resistance zones for the first time.

🌊According to the theory of Elliott waves, Bitcoin seems to have completed five impulse waves in 🟡Potential Reversal Zone(PRZ)🟡and is now starting to form new corrective waves.

🔔I expect an upward trend in the coming days and at least an increase in the 🔴Resistance Zone($43,800-$43,000)🔴. (Bitcoin has had a high trading volume of around $43,400, which indicates an important resistance for Bitcoin).

❗️⚠️Note⚠️❗️If the Daily Candle closes below the 🟢Support zone($39,000-$37,000)🟢, we can expect further falls for Bitcoin.

❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.

Bitcoin Analyze ( BTCUSDT ), Daily 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.

Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.

Handel aktiv

Kommentera:

If BTC goes over $40,800, it will go up to around $43,000.

Kommentera:

✅Running well✅

If Bitcoin touches $42,400, the next target will be the🔴Resistance Zone($43,720-$43,100)🔴.

Trade stängt: målet nått:

Long Position