#bitcoin☀️ ($BTC ) Detailed Structure Analysis(Swing trading):
1h time frame:
The price already hit the price and breakout as I predicted last night (Old graph as you can see).
the trend changed from bearish to bullish:
- the dynamic resistance line on 200 SMA breakout (RED as I pin the red cycle ) and breakout the resistance trendline at 61K-62K.
- Elliot wave: #bitcoin completed impulse wave (5 waves). and now in the process of completing the corrective wave (A-B-C wave) at a 64K price.
I believe the #Bitcoin trend changed from bearish to bullish will hit the price at 64K and will continue to 66K.
follow for more updated prices: $BTC .