Bitcoin Turns Back Up _ But the Real Test Is AheadBitcoin / TetherUSBINANCE:BTCUSDTpejman_zwinAs I expected in the previous idea, Bitcoin(BTCUSDT) started dropping and hit all its targets—full target down. But now the question is this: in recent hours, Bitcoin has started rising again with solid momentum. One of the reasons for this increase—just like previous weeks—is Bitcoin being influenced by the S&P 500(SPX500), which had significant gains during those hours. At the moment, Bitcoin seems to have broken the resistance lines and the resistance zone($80,800-$80,380). It looks like we should expect a pullback into these areas. From an Elliott Wave theory perspective, given Bitcoin’s recent bullish momentum, we could anticipate a 5-wave impulsive structure in the coming hours. I expect that after completing its pullback to the resistances, Bitcoin will start rising and could reach at least $81,690, attacking the 200_SMA(Daily). We’ll need to see if it can break that dynamic resistance or not. First Target: $81,690 Second Target: Cumulative Short Liquidation Leverage($82,800-$82,000) Stop Loss(SL): $79,991(Worst) Cumulative Long Liquidation Leverage: $79,000-$78,000 CME gap: $84,560-$83,215 CME gap: $78,545-$78,220 What’s your view on Bitcoin? Can it continue its recent bullish run, or should we be ready for a market surprise? 💡 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.