₿itcoin is Ready to Fall again⏰(1-Hour)⏰

✅₿itcoin started to grow as I expected in the previous post on the 1-hour time frame.

🏃‍♂️Bitcoin is currently moving near the 🔴Resistance zone($27,600-$27,300)🔴, Resistance lines, 🟡Price Reversal Zones(PRZ)🟡,🔵100_EMA(Daily)🔵 and Downtrend line.

🌊In terms of Elliott wave theory, Bitcoin seems to be completing the last wave of the Double Three Correction(WXY).

🔔I expect Bitcoin to start going down again after hitting the Resistance lines and the 🟡Price Reversal Zones(PRZ)🟡.

🔔The first 🎯Target🎯of Bitcoin can be a Support line.
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🌐➕Positive News➕🌐:

Ferrari to accept crypto for luxury car purchases: Reuters.

California Signs Crypto Bill Into Law.

Bloomberg Analyst Predicts Likelihood Of A Spot Bitcoin ETF By January 2024.

Legendary Investor Jim Rogers Warns Era of US Dollar Dominance Is Coming to an End.

US Government Has No Option Except Currency Debasement, and Bitcoin (BTC) Stands To Benefit: Bloomberg Analyst.

First Stage of Bitcoin Bull Market ‘Well and Truly Underway,’ Says Analyst Jason Pizzino – But There’s a Catch.

California Sets 2025 Start for Digital Asset Regulatory Framework.

🌐➖Negative News➖🌐:

Cryptocurrency Exchange Volume Report Released: Here’s How Binance, Coinbase, Bybit and 10 Other Exchanges Performed
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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.

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