Bitcoin Roadmap!!!
2025-01-06
Category: None

Bitcoin ( BINANCE:BTCUSDT ) is still moving in the  Resistance zone($100,000-$98,000) .

Compared to the  previous analysis , I still have the opinion of  correction on Bitcoin .

Regarding  Elliott wave theory , Bitcoin seems to have completed the  main wave Y  with the  Ending Expanding Diagonal .

Also, we can see the  Regular Divergence(RD-)  between  Consecutive Peaks .

Also,  USDT.D% ( CRYPTOCAP:USDT.D ) is in a very  sensitive zone .  Given that USDT.D% is near the  lower line of the descending channel , the  support lines , and the  support zone , I expect  USDT.D%  to trend higher and close to the  Resistance zone in the coming hours , and the increase in  USDT.D% can cause Bitcoin to decrease .👇


I expect  Bitcoin  to fall  AFTER  breaking the  lower line  of the  Ending Expanding Diagonal. The  First Target can be around $98,000 .
 

 ⚠️Note: If Bitcoin breaks the Resistance lines and Resistance zone($100,000-$98,000), we can hope for a further increase in Bitcoin.⚠️ 

 Cumulative Short Liquidation Leverage: $100,840-$100,000 

 Cumulative Long Liquidation Leverage: $97,870-$97,000 

 Cumulative Long Liquidation Leverage: $96,000-$95,000 

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

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