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BTC Elliott Wave medium term analysis

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BTC is still consolidating, as shown on the charts.
The structure is shaping up like a classic Elliott Wave 1–2–3–4–5 pattern, with the 4th wave now in play.

This could mean another retest of $110,500 before launching into the final, larger 5th wave 🚀.

The 4th wave might present a solid long entry opportunity heading into the 5th.

📊 DYOR – trade safe.
Trade attivo
BTC is a the top of the range.
If it breaks up the above $122k that would invalidate the ABCD wave, shooting and ABC directily to the sky!
If my idea is confirmed we should have a pull back, otherwise, to the moon to another ATH

istantanea

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