Bitcoin is moving near the Resistance zone($70,890_$70,140).
According to the theory of Elliott waves, it seems that Bitcoin has succeeded in completing the main wave 4. So far, the main wave 4 structure is a Zigzag(ABC/5-3-5).
I expect Bitcoin to fall at least to the Support zone($69,280_$69,120). If the support zone breaks, we can confirm the end of main wave 4.
This post is a continuation of the following post.
Note: If Bitcoin manages to break the Resistance zone($70,890_$70,140), The scenario will change.
Note: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze (BTCUSDT), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
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