BTCUSD evening analysis

Technical analysis of BTCUSD.

With rejection of price from ATH, this idea imagines price action since March 2024 as a zigzag, with leading/expanding diagonal A, double-three B, impulse C.

Next week's election certainly could be a catalyst for such a move.

The most bullish C would finish above the A, with strong .618 fib support and pitchfork support in the 58.5k area.
Elliott WaveFibonacciPitchforks

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