Bitcoin / TetherUS
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Bitcoin Analyze (Technical & Fundamental)!!!

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Technical:

Bitcoin Analyze ( BTCUSDT ) Timeframe Daily

Location: Bitcoin's Correction has started around 64200$ (The Corrective structure is Zig Zag 5-3-5). If you followed my posts, we found End of microwave 4 of the main wave C, but it was wrong because counting waves can change (We saw fake break). if price can break Support (31620$ until 30960$ (Support + Cluster of Fibs)== Heavy Support), I can say that The end of microwave 4 of Main wave C was at 41330$, otherwise, probably microwave 4 will be the complex type (WXY_WXYXZ).
Microwave 2 rested on Price, and now we can see microwave 4 is resting on Time.

Patterns: Bitcoin was able to make Descending Triangle, although this pattern broke by a Reverse Head and Shoulder (Pay attention to Point E), but this break was fake (probably, because of BAD news on market). in addition, if we lose this support (Support zone: 35288$ until 34820$ (Support + Cluster of Fibs) == Light Support), the price can make Bullish Shark Pattern near Point F. Point F will be a critical point for us, better, I had to say that market will decide to go UP or DOWN. UP = still microwave 4 is running // DOWN = we are on microwave 5 and we have to try to find the end of this wave.

Also, Moving Averages MA200 & MA50 Passed from each other Yesterday.

RSI Analyze: if you see 👉 snapshot
RSI is running on Descending Channel 📉 and we can see a Fake break on RSI too.

Bitcoin Long-term Analyze (Monthly Time frame)📆: Please read this post 👉
Bitcoin Long-term Analyze (Monthly Time frame)📆


I tried to show you our Resistance Zones & Suppor Zones that we have in front of Bitcoin.

Resistance zones & Suppor Zones on Bitcoin's way (Respectively):

Resistance zone: 39450$ until 39506$ (Resistance + Cluster of Fibs)/== Light Resistance

Resistance zone: 41340$ until 40800$ (Resistance + Cluster of Fibs) == Medium Resistance

Resistance zone: 42250$ until 4225$ (Monthly Pivot Point + Cluster of Fibs + Fib circle)/ I don't think that Price can break this zone just with one test.== Heavy Resistance

Resistance zone: 44280$ until 44071$ (Bullish Flag Pattern's Target + Cluster of Fibs ) == Medium Resistance

Resistance zone: 46186$ until 45320$ (Resistance + Cluster of Fibs + Yearly Resistance 2 + Reverse Head and Shoulder's Target ) == Heavy Resistance

Support zone: 37596$ until 37267$ (Yearly Support 1+ Cluster of Fibs + Necking line) == Heavy Support

Support zone: 35288$ until 34820$ (Support + Cluster of Fibs) == Light Support

Support zone: 31620$ until 30960$ (Support + Cluster of Fibs) == Heavy Support

Fundamental:

Unfortunately, we don't hear Good news about the market, I want to say some of the Bad 😕news that we received these days:

Sichuan Becomes Latest Chinese Province to Order Bitcoin Miner Shutdown ⚠️😕

UK Bank TSB Set to Ban Crypto Buying Due to E-Wallet Scam Concerns ⚠️😕

Bitcoin Fund Holdings Hit Four-Month Low ⚠️😕

Dollar Currency Index is growing up, look at DXY compare with BTC, Most of the time They are moving against each other👉 snapshot

Gold Index came back to Descending Channel 📉, It can NOT be a good sign for BTC 👉 snapshot

My Suggestion: please do NOT buy Coins for Midterm and Long-term investment until the market finds a way.

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.
Note
snapshot
Bullish shark pattern worked 👍
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Bitcoin Analyze (Playing with Harmonic Patterns)!!!

New post, with New update.
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snapshot

Follow Range Channel👍, Timeframe 15min.
Note
snapshot

a Scenario can happen, are you agree with me❓❗️

RSI analysis🔥, timeframe Daily
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snapshot
Bearish Shark Pattern 🦈 +TRZ (Time Reversal Zone⏰)
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Bitcoin Analyze (Short Term/Timeframe 30min)!!!

New post 👍
Note
Bitcoin Analyze (Candlestick Analysis)!!!

New post please read 👉Bitcoin Analyze (Candlestick Analysis)!!! 👍
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Bitcoin Analyze(Counting Waves+Channels+Tweets)!!!

New post: Bitcoin Analyze(Counting Waves+Channels+Tweets)!!!
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Bitcoin Analyze Time Frame 4H/ Contracting Triangle!!!

New post: Bitcoin Analyze Time Frame 4H/ Contracting Triangle!!!
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Bitcoin Analyze (Triple Three Corrections) !!!

New post: Bitcoin Analyze (Triple Three Corrections) !!!
Note
Bitcoin Analyze (Descending Triangle + Falling Wedge)!!!

Please read a new post 👆
Note
Bitcoin Analyze (Triangles)!!!

New post👆

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