Bitcoin / TetherUS
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Bitcoin’s Next Move – Another Attack to Heavy Resistance Zone!!!

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Bitcoin(BTCUSDT) was successful in three moves, as I expected in my previous post. I still think Bitcoin will NOT stop trying to break the Heavy Resistance zone($93,300_$89,200).

Bitcoin is moving near the Support zone($87,100_$85,800) and Cumulative Long Liquidation Leverage($86,376_$85,411).

Regarding the Elliott Wave theory, Bitcoin appears to be completing microwave C of the main wave 4. The structure of the main wave 4 is a Zigzag Correction(ABC/5-3-5).

If we look at the USDT.D%(USDT.D) chart on the 4-hour time frame, USDT.D% is pulling back to the Uptrend line and is currently in the Resistance zone(5.30%-5.15%). There is a possibility of completing the Bearish Flag Pattern.👇
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I expect Bitcoin to rise again in the coming hours and attack the Heavy Resistance zone($93,300_$89,200), Potential Reversal Zone(PRZ)[$90,200_$88,400], Resistance lines, Monthly Pivot Point, and 50_SMA(Daily).

Note: If Bitcoin falls below $85,400, we can expect more dumps.

Market Developments:

  • GameStop announced BTC adoption as a treasury asset, signaling growing corporate interest.
  • Trump Media partnered with Crypto to launch crypto ETFs, adding institutional momentum.

Please respect each other's ideas and express them politely if you agree or disagree.

Bitcoin Analyze (BTCUSDT), 1-hour time frame.

Be sure to follow the updated ideas.

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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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Please pay attention to the text of the analysis. I always try to include the price at which the analysis failed in the analysis, which can act as a Stop Loss for you.

In general, my posts are just my personal analysis and not all analyses can be correct, so please observe capital management.

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