BTC

According to Elliott Waves, we are still in the fourth wave which extends from 73777 to 49950.
Sometimes Bitcoin exceeds the wave level,

I Think that Bitcoin is not finished falling, and will start falling from 74,000 – 71,000 to the red level of 55,900 – 49,900.

Then after that we will witness a real bull run extending to 85,000

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BTC 1D

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Bitcoin may exercise these waves, but in the end it will drop to the 55900-49900 area .

This may take several weeks or months.

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Bitcoin seems to be in a state of confusion like never before

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Bitcoin remains hesitant inside the triangle

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I Think that the real rise of Bitcoin will not start until the RSI drops to the 50-60 level (weekly candles)

The price should be between 58k - 49k ... and the exact golden number here is 56k

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Bitcoin broke the triangle down
Wait for the close of the day

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The RSI on the weekly candles drops to level 63 and approaches the previously placed chart

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FIBONACCI

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59K ✅

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I hope the price doesn't go down,
But it is expected to go to 56,000 and then we will see what happens.

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Bitcoin price has dropped to 56,000 ✅


Let's see if it closes above or below 59,000

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Please support the idea to continue updating ☺️ ✅

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The RSI on the weekly candles drops to level 57

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Interest rates are steady and the Fed press conference is positive

We wait for a close at a price higher than 59,000