Today, Bitcoin is once again trading slightly higher than it was at the time of our update yesterday. As a result, it remains possible that price could soon make another move into the upper blue Target Zone ($117,553 – $130,891), so green wave B can form its final high. The subsequent wave C is then expected to drive BTC down significantly—ultimately completing the larger wave a and thus the first phase of the three-part wave (ii) correction in the lower blue zone ($62,395 – $51,323). Additionally, our alternative bullish scenario remains relevant. We currently estimate a 32% chance that Bitcoin is still advancing within blue wave alt.(i) and will climb into the orange alternative Target Zone ($148,363 – $168,443) to complete this move.
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📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.