$BTC đ Bitcoin Analysis: Get Ready for the Next Move! đ
Hey crypto enthusiasts! đ
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! đ„
đ Key Highlights: 1ïžâŁ Price Range: Bitcoin is currently consolidating between $98,000 - $100,000, creating strong resistance and support zones.
2ïžâŁ Breakout Scenarios:
Bullish Breakout: A breakout above the resistance zone could take us straight toward $102,000 and beyond! đ
Bearish Breakout: A breakdown below the triangle might drag the price toward the $96,000 support level. đ
3ïžâŁ 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.
đŻ What to Watch:
Keep an eye on volume spikes during the breakout. Higher volume confirms the direction!
This setup offers great potential for tradersâplan your entry and exit wisely.
đŹ Your Thoughts?
Whatâs your prediction? Are we headed to the moon đ or testing lower levels? Drop your thoughts below, and letâs discuss the next big move! đ„
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