๐จ $BTC Update: Technical Analysis
#Bitcoin is aligning perfectly with our Elliott Wave pattern. If you avoided long positions at the $97,000โ$98,000 resistance zone as per my earlier analysis, youโre likely sitting comfortably in profit from short positions ๐
Current Outlook:
๐น Still expecting further retracement and correction before the next leg up.
๐น Key Support Levels: $90,000 and $85,000 (Potential reversal zones).
Upside Potential:
๐น If the buy zone is confirmed, we could rally toward $120,000.
๐น However, the $97,000โ$98,000 resistance zone remains critical and will dictate the path to a new ATH.
๐ฐ Remember: Always DYOR and learn the charts before acting. Never follow anyone blindly.
Stay smart, stay safe!
