Bitcoin technical analysis with Elliot Wave Theory.

Support Levels

1. Primary Support (Wave C Target Area):

$87,000: This is a psychological and recent swing low support level. It could act as a bottom for Wave C if this is a corrective phase.

$82,000–$83,000: Corresponds to the 61.8% Fibonacci retracement level of the previous impulse wave.

2. Secondary Support:

$77,000–$78,000: If Bitcoin breaks below $82,000, this range aligns with deeper retracement levels (78.6%) and long-term horizontal support.

Resistance Levels

1. Primary Resistance:

$97,000–$98,000: This is the 50-day moving average and a strong resistance zone that Bitcoin needs to clear to confirm a new impulse wave.

$105,000–$110,000: This is the 100% Fibonacci extension of the last corrective move, potentially marking Wave 1 of the next impulse phase.

2. Secondary Resistance:

$120,000: If Bitcoin sustains momentum, this is the projected level for Wave 3, assuming an uptrend begins.

Wave analysis is highly subjective and can vary depending on the analyst.

Bitcoin's extreme volatility can cause deviations from classic Elliott Wave patterns.
$BTC #ElliottWaveTheory

#ElliottWaveTheory
#liquidation
#MarketUpdate
According to Elliot wave theory the Market is in a Zig Zag orreective Pattern with Target of 87k as a reversal point, worst case could be a DIP to 80k too.
Keeping this in mind i suggest you to Be ready for Buying the dip for spot.
specially
ETH
EVM Ecosystem coins
TON
Keep limits in SPOT at weekly supports. feel free to ask anything. you are welcome.

IN my analysis #btc #Price-Prediction its go bottom
with elliot wave analysis #elliottwaves #ElliottWaveTheory

Elliot Waves Analysis of BTC.

*Key Points*

1. Similar Pattern: Bitcoin is following the December 2023 pattern, which saw a lower-side sweep before moving up in Q1 2024.
2. Corrective Waves: Corrective waves indicate a potential flush down of leveraged traders if the market visits 90k and lower areas. The Main support Could be 87160 or 85110.
3. Bullish Q1: Q1 is expected to be bullish, with BTC moving upward along with altcoins after the lower liquidity is swept.

Action Plan

1. Risk Management: Keep risk low and use proper risk management strategies.
2. Spot Buying: Recommended spot buying if the market visits below 90k level up to 85k.
3. Step-by-Step Buying: Step-by-step buying is recommended to manage risk.
4. Avoid Big Positions: Avoid taking big positions to minimize potential losses.

Expected Outcome

A bullish Q1 with BTC moving upward along with altcoins after the lower liquidity is swept.

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#BTCXmasOrDip?
#Crypto2025Trends

#Gala Trying to get up.Bullish Elliott wave triangle idea #ElliottWaveTheory

Elliot Waves Analysis of Bitcoin

*Key Points*

1. *Correction Completion*: Wave ABC correction is near completion, which may lead to a sharp price correction.
2. *Reversal Zone*: The predicted reversal zone is between 88162 and 85240 levels.

*Action Plan*

1. *Hold Spots in Loss*: Hold spots if in loss and only Dollar-Cost Average (DCA) when BTC takes correction.
2. *Avoid Big Positions*: Don't go all-in or open big positions.
3. *Stay Calm and Observe*: Stay calm and observe the market until the desired level is achieved.
4. *Secure Profits*: If spots and leveraged positions are in profit, secure 80% of the profit by closing or partially closing positions.
like and comments and shares are welcome
#BTC
#ElliottWaveTheory
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PLS EXIT ACCORDING TO THE ELLIOT #ElliottWaveTheory WAVE THE BTC PRIDE SHOULD BE COME 90K TO 85K