β Previous Update Perfectly Worked And The BITCOIN Price Hit The 61700$ Support One More Time, Now At This Update I Wanna Talk About My Next Plan About The BTC
π There Is a Clear And Strong Support At The 61k Area And Its a Fourth Time That protected The Bitcoin Price, If You Followed My Previous Updates My Expectation Was About The Breakdown This Support But Currently I Think Itβs Worth To Take a Risk And Long This Support Because Of The Following Reasons :
1οΈβ£ Wave 5 From C Looks Completed At The 61k Support By The Nice PRZ
2οΈβ£ There Is a Bull Flag Formed At The Chart Which I Draw And The Price Exactly Bounced From The It
3οΈβ£ We Have Only Two Days Before The Btc Halving
π₯ By All The Reasons I Mentioned, Itβs Worth To Enter The Market And Because The Bitcoin Playing Near The Support It Brings a High R/R For us
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π There Is a Perfect Elliot Structure At The Lower Timeframe, Legdown To The 58k Is Possible As a Fake Breakdown Then Bounce Toward a New ATH
π We Are Too Close To The Main Reversal Area
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π― Seems 5 From C Completed And The Price Exactly Bounced From The Trend Line, Also The Price Breakout From The 63500$ As a Important Pivot
π In My Idea Correction Is Over And New Bullish Trend Is Started, 73k Is a Next Target And Also Its a Important Level, I Expect This Time Bitcoin Breakout From 73k Level By The Strong Candle Toward a 82500$ As a Main Target
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π₯ Nothing New To Say, The BITCOIN Exactly Followed My
π Currently The Price Playing Below The 67k Resistance Level Which I Expect a Breakout Toward a 73k As a Next Target Soon