💡Bitcoin is moving near the upper 🟡Price Reversal Zone(PRZ)🟡 and the 100-SMA.
🌊According to the theory of Elliott waves, Bitcoin is completing corrective waves, so it seems that wave B in 🟡PRZ🟡 has ended.
🌊A sign of the completion of wave B can be the 🌠Evening Star Candlestick Pattern🌠 in the 🟡PRZ🟡.
🔔I expect wave C to finish at one of the lower 🟡PRZs🟡.
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🌐➕Positive News➕🌐:
Exodus Of 30,000 BTC To Cold Wallets Spells Good News For Bitcoin Price.
Bitcoin supply on exchanges falls to the lowest level in nearly 6 years.
Bitcoin supply on exchanges falls to the lowest level in nearly 6 years.
🌐➖Negative News➖🌐:
Binance Revamps Zero-Fee Bitcoin Trading, Raising Market Concerns.
Binance Suspends P2P Transactions in Russia After Lapse Sanctions Enforcement Scrutiny.
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Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰.
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