BTC About To Another Hit To The 72k ,And I Expect BREAKOUT

Aug 2

📥 Last Night We Had a Breakdown From The 63500$ Trend Line And The Price Dumped To The 62300$ And Bounced

👉 Currently The Price Breakout From The Important 63500$ Level Again And Here We Have Two Scenarios :

1️⃣ Primary : Bounce From Here To The a 67k And Breakout This Level Toward a 72k And 83k As a New ATH

2️⃣ Secondary : Bounce From Here To The 67k As a Wave B From Main ABC And Then Another Leg down To The 60k As a Wave C

📈At Both Scenarios We Will See 67k As a Next Target ,But Totally I Think Primary Scenario Have More Chance To Happen

Aug 3

Note

❗️ First Of All I Should Notice This Important Point That ,Due To The High Level of Crisis Especially In The Middle East ,BTC Could Have a unexpectable Move Any Time Because Of The Iran Revenge Against Israel ,So Totally I’m Prefer To Out Of The Market To See What Will Happen

👉 Any Way ,Let’s Talk About The BTC By The Technical View

📊 The Main Thing I’m Pretty Sure Is ,We Are At The Wave 2 From 5 ,So I Don’t Expect a Heavy Correction Below The 54k ,Currently We Are Too Close To The Local Bottom Of This Corrective Wave 2 ,But Still I Didn’t Got a Confirmation At Low Timeframe So We Could See a Small Correction To The 60k Again ,Totally I Prefer To Be Out Of The Market These Days

Aug 4

Note

✅ As I Mentioned At The Previous Update ,Last Night The Bitcoin Price Hit The 60k Support Area One More Time And Bounced ,60k Is a Important Support Level Because Of Two Reasons ,0.618% Fibo And Impulsive Wave PRZ From 70k Located There

📈 Currently The Price Playing Below The 61k Resistance Level ,Any Breakout From This Level Will Pump The Price Toward a 63600$ And 68k Target Areas

Aug 5

Trade closed: stop reached