Bitcoin Roadmap==>>Short-term
2024-12-16
Category: None

With the start of the new week and the  good news that came during the weekend ,  Bitcoin ( BINANCE:BTCUSDT ) began to pump again and  successfully  created a  new All-Time High(ATH) .

 Bitcoin  has already managed to break the  Resistance zone($104,280-$103,340) .

According to  Elliott's wave theory ,  Bitcoin  seems to be  completed wave 4 ; we should  wait for Bitcoin to rise again . The  structure of wave 4  is of the  Double Three Correction type(WXY) . Bitcoin is currently  completing wave 5 .

Also,  USDT.D% ( CRYPTOCAP:USDT.D ) managed to break the  Support lines  and the  Support zone(4.00%-3.90%)  ( on the chart it is currently the Resistance zone ) and we have to wait for another attack on the  Next Support zone(3.82%-3.77%) . A drop in  USDT.D%  can make  Bitcoin rise .👇

I expect  Bitcoin  to start rising again  after  the completion of  microwave 4 of wave 5 .  Bitcoin's Targets can be :

🎯 $107,320 - $106,967 🎯

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

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