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