Bitcoin Analysis==>> Pumping Again==>>Short term

Aug 30, 2024

Bitcoin moved towards the Support zone($58,520-$57,100) as I expected.

Bitcoin is moving in the Support zone($58,520-$57,100).

According to Elliott's wave theory, Bitcoin seems to have completed another Zigzag corrective wave.

I expect Bitcoin to start rising again from the Fibonacci levels to my targets.

Note: If Bitcoin loses the Support zone($58,520-$57,100), we should expect Bitcoin to fall to $55,000(at least).

Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.

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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Aug 31, 2024

Trade active

The position was activated.

Sep 2, 2024

Note

Still valid