$BTC š Bitcoin Analysis: Get Ready for the Next Move! š
Hey crypto enthusiasts! š
Here's a detailed analysis of Bitcoin/USDT on the 1H timeframe. The market has formed a symmetrical triangle pattern, signaling a potential breakout soon! š„
š Key Highlights: 1ļøā£ Price Range: Bitcoin is currently consolidating between $98,000 - $100,000, creating strong resistance and support zones. 2ļøā£ Breakout Scenarios:
Bullish Breakout: A breakout above the resistance zone could take us straight toward $102,000 and beyond! š
Bearish Breakout: A breakdown below the triangle might drag the price toward the $96,000 support level. š
3ļøā£ Elliott Wave Prediction:
If we see a bullish breakout, expect wave (A)-(B)-(C) towards higher targets.
A bearish move would follow the (1)-(2)-(3) correction down.
šÆ What to Watch:
Keep an eye on volume spikes during the breakout. Higher volume confirms the direction!
This setup offers great potential for tradersāplan your entry and exit wisely.
š¬ Your Thoughts? Whatās your prediction? Are we headed to the moon š or testing lower levels? Drop your thoughts below, and letās discuss the next big move! š„