⚠️Bitcoin will Go Down Again⏰(1-Hour)⏰⚠️

2023年10月7日

👋Hi everyone, I hope that you have a great weekend.🥳

🌊It seems that the corrective structure of Bitcoin continues so that the Wave A had an Expanding Leading Diagonal structure, and in general, it seems that the corrective structure will be a Zigzag type(ABC/5-3-5).

📚It is better to know that generally, on Saturdays and Sundays, Volume Trading is low, so there is a high probability that Bitcoin will move in the form of Range in the next two days and will make its main move at the beginning of next week.

💡Also, we can see Regular Divergence(RD-) between two consecutive peaks.

🔔I expect Bitcoin to eventually break back below the 🟢Support zone($27,920-$27,800)🟢 and once again attack the 🟢Heavy Support zone($27,600-$27,300)🟢 and the lower line of the Ascending Channel.

❗️Note❗️: If BTC can break the 🔴Heavy Resistance zone($28,440-$28,060)🔴, the scenario will change.
--------------------------------------------------------------------------------
🌐➕Positive News➕🌐:

Spot Bitcoin ETFs Could Send BTC Skyrocketing by Over 3,200%, Says InvestAnswers Host.

Bitcoin miners Marathon, Riot, CleanSpark increase BTC output in September.

Hong Kong crypto VC opens 100M fund for Asian blockchain startups.

Robert F. Kennedy Jr. Pledges to Protect Bitcoin When President.

🌐➖Negative News➖🌐:

JPEX converts user stablecoins to native token without notice: Report.

Ledger lays off 12% of staff, citing ‘macroeconomic headwinds’.

Binance Losing Market Dominance at Rapid Pace.

Dark Side Of Crypto: $7 Billion Laundered Across Chains, According To Elliptic.
--------------------------------------------------------------------------------
Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰.

Do not forget to put Stop loss for your positions (For every position you want to open).

Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.

Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.

2023年10月7日

交易進行

2023年10月8日

註釋

Bitcoin reacted well to Fib levels.

2023年10月8日

註釋

The war of the last two days has made the market a bit emotional, we have to wait for the start of the new week.

2023年10月9日

交易結束：目標達成

2023年10月11日

註釋

BTC was able to break the lower line of the Ascending Channel.