(BTC | USD) | Bitcoin Analysis Price Prediction Today

in Forex Update9 months ago

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BTC Analysis


I am going to analyze Bitcoin versus the US dollar pair let us start the top-to-bottom Elite wave analysis inside the daily time frame the trend is up in Bitcoin daily time frame support is present at 23A 21.10 price level price action is most likely going to drop to print bearish with C corrective lag incoming trading days a decisive bearish break below 23 821.10 support area is going to end up Trend in the daily chart of Bitcoin versus US dollar pair

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let us take a look at the four-hour time frame price action is printing lower swing highs and lower swing lows to me Bitcoin Trend looks down in the four-hour time frame

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let us take a look at the one-hour time frame the trend is up in the one-hour chart intraday support is present at 28 829.07 price level price action is most likely going to rise to print bullish wave C zigzag lag which offers a chance to join an uptrend in Bitcoin uh decisive bearish break below 288 29.07 support level is going to end up Trend in one hour chart of Bitcoin versus United States dollar

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cryptocurrency pair to be more specific the green color highlighted area offers a buying opportunity which is the previous second wave of one lesser degree do not jump into the market with a Buy trade wait for a bullish breakout first, take notes you must always trade with money management rules to control risk

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