At the moment, Bitcoin( 
BTCUSDT ), upon entering the support zone($74,000-$72,760), seems to be rising again.
Bitcoin is currently moving near the Cumulative Long Liquidation Leverage($73,220-$72,240) and is in a descending channel.
From an Elliott Wave perspective, it appears Bitcoin has completed a Double Three Correction(WXY) inside the descending channel.
I expect Bitcoin, in the coming hours, to start another upward move and at least rise to the Cumulative Short Liquidation Leverage($76,450-$75,800).
Target: Cumulative Short Liquidation Leverage($76,450-$75,800)
Second Target: $80,000 or to the MOON
Stop Loss(SL): $72,600(Worst)
Points may shift as the market evolves
CME gap: $84,560-$79,660
CME gap: $70,055-$69,535
CME Gap: $67,570-$67,170
What’s your view—can Bitcoin continue its upward trend in the coming hours or not?
💡 Please respect each other's opinions and express agreement or disagreement politely.
📌Bitcoin Analysis (BTCUSDT), 1-hour time frame.
🛑 Always set a Stop Loss(SL) for every position you open.
✅ This is just my idea; I’d love to see your thoughts too!
🔥 If you find it helpful, please BOOST this post and share it with your friends.
BTCUSDT ), upon entering the support zone($74,000-$72,760), seems to be rising again.Bitcoin is currently moving near the Cumulative Long Liquidation Leverage($73,220-$72,240) and is in a descending channel.
From an Elliott Wave perspective, it appears Bitcoin has completed a Double Three Correction(WXY) inside the descending channel.
I expect Bitcoin, in the coming hours, to start another upward move and at least rise to the Cumulative Short Liquidation Leverage($76,450-$75,800).
Target: Cumulative Short Liquidation Leverage($76,450-$75,800)
Second Target: $80,000 or to the MOON
Stop Loss(SL): $72,600(Worst)
Points may shift as the market evolves
CME gap: $84,560-$79,660
CME gap: $70,055-$69,535
CME Gap: $67,570-$67,170
What’s your view—can Bitcoin continue its upward trend in the coming hours or not?
💡 Please respect each other's opinions and express agreement or disagreement politely.
📌Bitcoin Analysis (BTCUSDT), 1-hour time frame.
🛑 Always set a Stop Loss(SL) for every position you open.
✅ This is just my idea; I’d love to see your thoughts too!
🔥 If you find it helpful, please BOOST this post and share it with your friends.
Trade active
Trade was activatedTrade closed: target reached
Target Done=>(Finally/Sniper🎯
Note
Full Target Done
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🎁 Free Real VIP Forex and Crypto Signals. Please visit:
🔗 t.me/ProTrader_365
🔗 t.me/ProTrader_365
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.