🚨 #Bitcoin Elliott Wave Analysis Update ( Next $85000 or New ATH ? )
Our Elliott Wave (EW) strategy has played out beautifully once again!
🎯 Here's the breakdown:
▪️ Wave 3 Top: We perfectly caught the top at $107,000, followed by a sharp correction due to Wave 2's shallow retracement.
▪️ Profit Booking: Locked in 80% profits at $93,000 (near the 0.382 Fib level) as a safe exit zone.
Current Key Levels:
▪️ $97,000: A critical support zone. If held, BTC could bounce back towards $103,000 and More
▪️ $85,000: If $97K fails, prepare for a potential dip to this level.
This dip might mark the final Wave 4 correction, setting the stage for a new ATH in the current bull market. Watch price action closely and stay agile.
