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Bitcoin Is Bouncing From Support… Another Push Loading?

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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.
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Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.