CorrectionWave

#Bitcoin Trading around $82.7k
And,
Moving towards $76k to Retest the support level of $75k-77k again...

As per Weekly Chart Analysis,
It's performing on #CorrectionWave of 4th Cycle of #ElliottImpulsive Wave and that will be completing around 120-150 days with A-B-C-D cycle, while this time A to B cycle will be into their last moving point of Retest, after the Bitcoin's $109k #AllTimeHigh point was A and $76k is the direction of Point B.

Then, after the completion of 4th cycle of Elliot Impulse Wave, Bitcoin's 5th and final cycle movement will be starts around August onwards for next 120-150 days for this season last Bullish cycle to reach out min. $180k to $220k and max. Mark will be around $250k to $280k approx.

Thereafter, the BearishZone of market will be starts next year, after completion of Elliott Impulsive 5th Wave, which is completely starts from Sept. 2023 from its final Lower-Low mark up point of $BTC was $24k approx. & now current value of $BTC is-
Anyways,
Study deeply always to perform any trade and take StopLoss as well DYOR too.. 🙏

It's #Write2Earn topic too..

with this current downtrend what are you thinking?

#CorrectionWave

#Bitcoin Trading around $98k now $BTC

As per Daily Chart Analysis-
This particular chart following its moving pattern perfectly from last 1+ year's & will be soon ready for next Uptrend cycle around 8/12 Jan 2025, towards, min. $120k-125k and max. $135k to 155k, depends on arrivals of volume into market.

But, remember it, that this cycle maximum time frame is around 50 to 60 days of final Uptrend, into this BullRun of Upper cycle and after that Correction Wave wave will starts from March end to April and that will go upto june/July 2025 around 120/150 days and then this BullRun final cycle will be starts from August onwards to 2025 year end.

This cycle always moves into the pattern of Parabolic curve as per famous #Elliott #ImpulsiveWave & #CorrectionWave cycle into Daily based chart Analysis with all Ups & Downs pattern of Zig-Zag modes...

Always DYOR before investing in Crypto Currency and Trade Wisely by using StopLoss here.

It's #Write2Earn topic too.

#Bitcoin Trading around $79.8k... $BTC
Reached out $79.4k, into its third final layer of Lower-Low Support as on weekly chart $79k to $89k...

It's last crucial & cut-off point here for next #CorrectionWave towards #BearishZone ,
and if,
$BTC market will break out this slab below to $77k, then it's going under major correction time frame, and takes very for long time to revert back again....

It's almost $30k below from #ATH , Mean's 27% Down, and $76 is the mark of 30% Crash as well if 33% goes its cut off mark is $73k...

Let's see..
Its take only fine corrections or move towards full Bearish Zone market.. 🙏

Already mentioned all those cut-off points into my previously posted weekly chart Analysis..

Anyways,
Always DYOR before investing in Crypto Currency and Trade Wisely by using StopLoss.

It's #Write2Earn topic too.