$BTC Low-Volume Rally — Is Another Drop Below Support Coming? Bitcoin started the new week with a bullish move of more than 2%, but the recovery has developed with relatively low trading volume. Technical Analysis From an Elliott Wave perspective, Bitcoin appears to have completed Primary Wave 5 through an Expanding Ending Diagonal, which also resembles an Ascending Broadening Wedge Pattern. As long as Bitcoin remains inside this structure, I expect another bearish move. A break below the Support Zone($84,940-$85,460) could push price toward $84,700, followed by $84,170 and $83,360. Stronger bearish momentum could also break the lower trendlines of the Ascending Broadening Wedge Pattern and the key $84,000 trading level, potentially leading to the filling of the lower CME Gaps. Stop Loss(SL): $87,300(Worst) Which level will Bitcoin reach first: $83,360 or $87,300? #What is your Bitcoin Price Prediction?# #BTC Price Analysis#
