🚨Bitcoin is Ready to Decrease to the Uptrend line🚨

🏃‍♂️Bitcoin is moving in the 🟡Potential Reversal Zone(PRZ)($50,100-$47,000)🟡.

💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks.

🌊According to the theory of Elliott waves, five impulse waves have been completed in 🟡Potential Reversal Zone(PRZ)($50,100-$47,000)🟡.

🔔I expect Bitcoin to fall at least to the Uptrend line, and if this line breaks, we can expect Bitcoin to fall to the 🟢Support zone($44,700-$41,780)🟢.

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

Bitcoin Analyze ( BTCUSDT ), 4-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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Commentaire:

Bitcoin started to fly like a dragon at the beginning of the Chinese year, although the analysis is still valid.

Of course, news: Bitcoin's ecosystem set for overhaul with innovative NFT-like ordinals
It can be effective.

The best criterion is the upper line of the ascending channel; if it fails, the scenario will be

Commentaire:

The fear and greed index has reached its highest level since the Bitcoin price of $69,000(November 2021). ==😱79😱