Bitcoin Analysis ==>>Second Attack
2024-11-16

As I expected from the ✅ previous post ✅,  Bitcoin ( BINANCE:BTCUSDT )  started correcting , and  failed  in the  first attack  on the  Important Resistance lines .

 Bitcoin  seems to be preparing itself for the  next Attack on the Important Resistance lines .

It seems that  Bitcoin  was able to break the  upper line of the descending channel  and  Resistance zone($89,980-$89,000) .

According to  Elliott's wave theory ,  Bitcoin  seems to complete  Zigzag Correction . One of the most likely scenarios for  microwave 5 of the main wave 5  could be the  Expanding Ending Diagonal .

I expect Bitcoin to attack the  Important Resistance lines  and  Potential Reversal Zone(PRZ)  for the 2️⃣Second time2️⃣ .

Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.

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