Bitcoin is moving near the Potential Reversal Zone(PRZ) and the upper line of the ascending channel.
According to Elliott's wave theory, Bitcoin is completing wave 3. I expect the Bitcoin rally will need a Correction to continue near the All Time-High(ATH).
I expect Bitcoin to drop down to the Support zone($72,000-$70,820) and Support line.
🔔Let's first short position, and I will try to update for the long position.🔔
⚠️Note: If Bitcoin falls below the Support zone($72,000-$70,820), it may fall further.⚠️
Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
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