Bitcoin Roadmap==>>BTC will touch $87,000!?
2024-11-18

After  re-entering  the  Potential Reversal Zone(PRZ) , Bitcoin( BINANCE:BTCUSDT )  started to decline .The PRZ I drew ✅works fine✅.

According to the  Elliott wave theory , it seems that  main wave 4 can continue . Most likely, its structure can be a  Double Three Correction(WXY) , so Bitcoin is completing  microwave Y of the main wave 4 . We can  confirm  this wave count after breaking the  Support lines .

Considering  Bitcoin's downward momentum , I expect it to break the  Support lines  in the coming hours and at least decrease to the  Support zone($86,700-$85,000) .

 Educational tip : We can confirm the descending channel if Bitcoin rises again from the Support zone($86,700-$85,000). 

⚠️ Note: If Bitcoin touches  $91,500 again , it could form a  new All-Time High(ATH) .⚠️ 

 ⚠️Note: If Bitcoin loses the Support zone($86,700-$85,000), we should expect a further decline in Bitcoin.⚠️ 

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

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