Bitcoin Falling Again==>>Short-term!!!
2024-11-04

Bitcoin ( BINANCE:BTCUSDT ) is currently moving near the  Resistance lines  and in the  Resistance zone($69,580-$68,800) .

Regarding  Elliott's wave theory , it seems that  Bitcoin  is still completing  Corrective Waves . The  Structure of Correction Waves  looks like  Double Three Correction(WXY) .

I expect  Bitcoin  to  Go Down  at least  Cumulative Long Liquidation Leverage   after breaking the Uptrend line .

 ⚠️Note: We can expect more pumps if Bitcoin can break the  Resistance zone($69,580-$68,800) .⚠️ 

 ⚠️Note: The American elections and the tension between Iran and Israel can easily change the scenarios of Bitcoin: if the tension between Iran and Israel increases, we can see the fall of Bitcoin, and if Donald Trump does not succeed in the US presidential election, we can see the fall of Bitcoin. And vice versa.⚠️ 

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

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