Bitcoin will Fill the CME Gap!!!

26 juil.Bitcoin reached the Resistance zone($68,000-$66,170) again. Will Bitcoin succeed in breaking this zone or not❗️❓

According to the theory of Elliott waves, Bitcoin seems to be completing the main wave 5; the structure of the main wave 5 can be Expanding Ending Diagonal.

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

I expect Bitcoin to go down at least up to the Support line and the CME Gap($66,350-$65,835).

Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.

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26 juil.

Transaction en cours

27 juil.

Trade fermée: ordre d’arrêt atteint

In the next few hours, Trump's speech could have a big impact on Bitcoin. I expected Bitcoin to correct and start to rise again, but that didn't happen.

It seems that the resistance zone has been broken, and Bitcoin's next resistance is around the resistance lines.

28 juil.

Commentaire

As I expected, Trump's speech at the annual Bitcoin conference gave a shock to Bitcoin, but Bitcoin corrected again, in general, Saturday and Sunday trading volume is low, and we should not expect a major movement in Bitcoin.