Bitcoin Analysis==>>Roadmap

11 Jul 2024

After the announcement of the Consumer Price Index(CPI) Indexes, it seems that Bitcoin's correction structure has changed a little, but I still DO NOT expect an increase in its price.

In terms of Elliott wave theory, Bitcoin seems to be completing the Leading Diagonal.

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

I expect Bitcoin to start falling again after entering the Potential Reversal Zone(PRZ) and at least fall to the Target I have specified on the chart.

Note: If Bitcoin can go above $62,000, the scenario will change.

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

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 gladly see your ideas in this post.

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12 Jul 2024

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