Bitcoin will ⚔️Attack⚔️ to Heavy Support Zone⏰(1-Hour)⏰

2023年10月5日

✅Bitcoin seems to have succeeded in forming an Ascending Broadening Wedge Pattern.

🌊Regarding Elliott waves, corrective waves in the Ascending Broadening Wedge Pattern follow the Double Three Correction structure(WXY).

🔔After breaking the lower line of the wedge pattern, I expect Bitcoin to fall at least to 🟡Price Reversal Zone(PRZ)🟡and break the 🟢Heavy Support zone($27,600-$27,300)🟢.

❗️Note❗️: Corrective waves can continue; we can Confirm the end of corrective waves in the 1-hour time frame after breaking the 🟢Heavy Support zone($27,600-$27,300)🟢.
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🌐➕Positive News➕🌐:

Satoshi Nakamoto (Bitcoin creator) woke up after 5 years! (in Twitter).

Ethereum Futures ETFs Debut on Low Volumes.

Blockchain finance to grow into $79.3B market by 2032

CBDC lays foundation for new global monetary system: French central bank.

Elon Musk Believes Fiat Money is a Scam.

Hong Kong Stock Exchange launches settlement platform powered by smart contracts

🌐➖Negative News➖🌐:

Peter Schiff: ‘We Are Still Early in the Biggest Bond Market Crash in U.S. History’.
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Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰.

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2023年10月5日

交易進行

2023年10月5日

註釋

Still valid, BTC touched the upper line of the Ascending Broadening Wedge Pattern.

2023年10月5日

註釋

BTC reacted very well as I said to upper line of Ascending Broadening Wedge Pattern.

2023年10月5日

註釋

BTC was able to break the lower line of Ascending Broadening Wedge Pattern

2023年10月6日

註釋

Bitcoin seems to be forming a pullback to the lower line of the Ascending Broadening Wedge Pattern.

2023年10月6日

註釋

BTC was able to complete pull back to the lower line of the Ascending Broadening Wedge Pattern.(As I expected)

Now, it is attacking a heavy support zone.

2023年10月6日

交易結束：目標達成

2023年10月7日

註釋

The structure of corrective waves continues and we have to wait for the coming week, trading volume is generally low on Saturdays and Sundays.