Bitcoin Crash from 🟡Price Reversal Zone(PRZ)🟡⏰(1-Hour)⏰

🚶‍♂️Bitcoin is moving in the 🟡Price Reversal Zone(PRZ)🟡 and near the Resistance line and 50-SMA(Daily).

🌊According to Elliott Wave Theory, Bitcoin seems to be completing a Double Three Correction(WXY).

🔔I expect Microwave C of Wave Y to complete at 🟡Price Reversal Zone(PRZ)🟡 and Bitcoin to fall to at least the Support Line.
--------------------------------------------------------------------------------
🌐➕Positive News➕🌐:

No Change In Rates Expected At Fed’s September Meeting.

Record surge as Bitcoin micro investors reach all-time high.

‘Rich Dad’ R. Kiyosaki slams fiat money ‘FAKE’, says ‘crypto is the future’.

Bitcoin (BTC) Surpasses Visa Transaction Volume.

🌐➖Negative News➖🌐:

SEC Accuses Binance US of ‘Numerous Discovery Failures’ in Court Filing.

DeFi exchange volume down 15% on a monthly basis amid UNI, CRV price crash – VanEck
--------------------------------------------------------------------------------
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 be glad to see your ideas in this post.

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

Transaction en cours

Commentaire:

✅Running well, ✅

Trade fermée: cible de profit atteinte:

First Taregt

Commentaire:

The 🟡Price Reversal Zone(PRZ)🟡 works well.

Commentaire:

The bearish scenario is still valid, but maybe Bitcoin will go higher than the 🟡Price Reversal Zone(PRZ)🟡.

Trade fermée: cible de profit atteinte

Commentaire:

We can expect Bitcoin to rise to the important resistance line. (We have to wait for today's FED meeting)

Commentaire:

Bitcoin was able to touch the support line,(but it had a long story) :))