Bitcoin is moving near the Resistance zone($60,800-$56,700) and the Downtrend line.
According to the theory of Elliott Waves, Bitcoin seems to have completed the Double Three Correction(WXY) near the Resistance zone.
From a Classic Technical point of view, Bitcoin seems to have formed a Double Top Pattern.
Also, we can see Regular Divergence(RD-) between Consecutive Peaks.
I expect Bitcoin to drop to at least $52,600.
Bitcoin analysis on the daily time frame👇

Bitcoin Analyze (BTCUSDT), 15-minute 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.
According to the theory of Elliott Waves, Bitcoin seems to have completed the Double Three Correction(WXY) near the Resistance zone.
From a Classic Technical point of view, Bitcoin seems to have formed a Double Top Pattern.
Also, we can see Regular Divergence(RD-) between Consecutive Peaks.
I expect Bitcoin to drop to at least $52,600.
Bitcoin analysis on the daily time frame👇

Bitcoin Analyze (BTCUSDT), 15-minute 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.
Dagangan ditutup: sasaran tercapai
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🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
