BTCUSD Weekly Analysis (Elliott Wave Perspective)
On the monthly timeframe, Bitcoin is currently moving within a larger corrective structure. Based on Elliott Wave theory, price is داخل Wave 4 of a larger Wave A.
Considering the presence of hidden bullish divergence, the market is expected to continue its corrective move downward toward the key support zone between 48,290 and 42,922.
After reaching this area, a bullish recovery is anticipated, forming Wave B, pushing price toward the specified resistance zone. Following the completion of Wave B, another decline is expected to form Wave C, ultimately completing the larger Wave 4 correction.
🔻 Invalidation Level:
This analysis remains valid as long as price stays below 127,922.
If price breaks above this level, the scenario will be invalidated.
🌍 Fundamental Analysis (Aligned with the Scenario)
From a fundamental standpoint, the projected corrective structure in Bitcoin can be supported by several macro and crypto-specific factors:
Monetary Policy & Liquidity:
Tight monetary conditions from institutions like the Federal Reserve can reduce liquidity in financial markets, often leading to corrective phases in risk assets like Bitcoin—supporting the expected drop into Wave A completion.
Institutional Behavior:
Large-scale investors may engage in profit-taking after strong rallies, contributing to the anticipated decline toward the support zone before re-accumulating for Wave B.
Regulatory Developments:
Uncertainty around crypto regulations in major economies can create volatility and downside pressure, aligning with the corrective Wave C expectation.
Market Cycles & Halving Effects:
Bitcoin’s historical cycles—often influenced by halving events—tend to include deep corrections within broader uptrends. This supports the idea of a multi-phase correction (A-B-C) before continuation.
💡 Wave B Recovery Justification:
The expected rebound (Wave B) could be driven by:
Renewed institutional inflows
Positive sentiment shifts
Short-term easing in macroeconomic pressure
🔼 Wave C Decline Outlook:
The final leg down (Wave C) may occur if:
Liquidity remains tight
Risk-off sentiment dominates markets
Crypto-specific negative catalysts emerge
On the monthly timeframe, Bitcoin is currently moving within a larger corrective structure. Based on Elliott Wave theory, price is داخل Wave 4 of a larger Wave A.
Considering the presence of hidden bullish divergence, the market is expected to continue its corrective move downward toward the key support zone between 48,290 and 42,922.
After reaching this area, a bullish recovery is anticipated, forming Wave B, pushing price toward the specified resistance zone. Following the completion of Wave B, another decline is expected to form Wave C, ultimately completing the larger Wave 4 correction.
🔻 Invalidation Level:
This analysis remains valid as long as price stays below 127,922.
If price breaks above this level, the scenario will be invalidated.
🌍 Fundamental Analysis (Aligned with the Scenario)
From a fundamental standpoint, the projected corrective structure in Bitcoin can be supported by several macro and crypto-specific factors:
Monetary Policy & Liquidity:
Tight monetary conditions from institutions like the Federal Reserve can reduce liquidity in financial markets, often leading to corrective phases in risk assets like Bitcoin—supporting the expected drop into Wave A completion.
Institutional Behavior:
Large-scale investors may engage in profit-taking after strong rallies, contributing to the anticipated decline toward the support zone before re-accumulating for Wave B.
Regulatory Developments:
Uncertainty around crypto regulations in major economies can create volatility and downside pressure, aligning with the corrective Wave C expectation.
Market Cycles & Halving Effects:
Bitcoin’s historical cycles—often influenced by halving events—tend to include deep corrections within broader uptrends. This supports the idea of a multi-phase correction (A-B-C) before continuation.
💡 Wave B Recovery Justification:
The expected rebound (Wave B) could be driven by:
Renewed institutional inflows
Positive sentiment shifts
Short-term easing in macroeconomic pressure
🔼 Wave C Decline Outlook:
The final leg down (Wave C) may occur if:
Liquidity remains tight
Risk-off sentiment dominates markets
Crypto-specific negative catalysts emerge
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.