$BTC

Hey Binance Fam!
Let's dive into some long-term Bitcoin analysis!
Where are we in the cycle?
We believe Bitcoin is nearing the end of its current bullish cycle. We're likely in the final stages of the Elliott Wave impulse.
When should we consider selling?
A key indicator is the long-term trendline from 2017. This trendline has held strong for years. We recommend setting an alert on TradingView when Bitcoin touches this line. This could be a signal to consider selling.
Another important level:
The 1.618 Fibonacci extension also aligns with this trendline, around 122,069 USDT. This is a significant resistance level.
What about those crazy predictions?
While some may predict prices of 200k or 300k, we believe those are unlikely. Bitcoin's market cap is already substantial.
What happens after the peak?
Expect a significant correction (bear market) in 2025-2026. Bitcoin's wave 4 consolidation area (around 49k - 65k) could offer support during this period.
Remember:
* This is a long-term analysis and not financial advice.
* Always do your own research and trade responsibly.
Let's keep learning and growing together, Binance Fam!
#Bitcoin #BitwiseBitcoinETF #ElliottWave #Trading #Binance #Crypto
Please note: This analysis is for informational purposes only and should not be considered investment advice.

🔥 $118K–$132K on the Horizon—But First, a Pullback! 🔥

📉 #Bitcoin has dropped 7%, aligning perfectly with our Elliott Wave analysis. If you locked in profits or stayed out of premature longs, you’re playing this market like a pro.

🔑 Key Levels to Watch:
⚡ Primary Support: $96,000
⚡ Secondary Zone: $94,000–$96,000
⚡ Fibonacci Levels (Potential Targets):
🔹 0.382: $88,600
🔹 0.5: $84,200

🌀 Wave 2 Recap:
Wave 2’s shallow rise led to a sharper pullback after the Ending Diagonal (ED) formation, setting the stage for this vital correction before the next bullish wave.

💡 Strategic Outlook:
✅ Avoid high-leverage longs at current levels.
✅ If $94,000–$96,000 fails, watch $89,000 and $84,000.
✅ Patience is key—wait for confirmations and clear signals before jumping in.

📈 The Bigger Picture:
Once Wave 4 completes, Bitcoin could ignite a rally to $118K–$132K, perfectly aligning with long-term Elliott Wave projections.

Stay ahead of the curve and trade smart—the market rewards the patient and the strategic!

#BTC #Elliottwave #BinanceSignals #Write2Earn! $BTC
$XRP
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Elliott Wave Theory, developed by Ralph Nelson Elliott, posits that financial markets move in predictable cycles, driven by investor psychology. These cycles are composed of five waves in the direction of the trend and three corrective waves.

The three main rules in Elliott Wave Theory are:
Wave 2 cannot retrace more than 100% of Wave 1.Wave 3 cannot be the shortest among Waves 1, 3, and 5.Wave 4 cannot overlap the price territory of Wave 1.
These rules help in accurately identifying and confirming the wave patterns in financial markets.
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Elliott Wave Theory categorizes waves into degrees, reflecting different time scales. From Grand Supercycle to Minuette, these degrees help analysts understand and predict market movements across various time frames, making the theory versatile.

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Corrective waves counteract the direction of the primary trend and are composed of three sub-waves, labeled A, B, and C. These corrections can take various forms, including zigzags, flats, and triangles, each with distinct characteristics and patterns

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