Following repeated community requests, we’re updating our Bitcoin macro-outlook, which remains structurally aligned with our previously published projection (BTC Dips into Major Demand Zone)
a chart that precisely captured the major demand zone reaction and subsequent bullish impulse.
The newly updated chart illustrates a strong impulsive wave structure, supported by a well-defined corrective wave count, completing at the prior immediate demand zone (~$85K–
89K).
From this base, price action has resumed within a clearly impulsive structure, suggesting the possibility of an extended bullish fifth wave, potentially evolving into an ending diagonal pattern.
🔹 Immediate Focus:
$85K–89K zone is acting as a local support and re-accumulation area (immediate demand).
$102K resistance is a pivotal structural barrier. A confirmed breakout from this level will reinforce bullish continuation.
🔹 Pattern Target:
A potential AB=CD completion and Wave 5 termination zone are aligned between $147K–$154K, with Fibonacci projections and channel symmetry suggesting further upside extension to $160K–$170K under euphoric conditions.
With momentum building in alignment with the long-term bullish cycle structure. We should watch for retracement entries near demand levels, with invalidations below $73K.
Let us know your thoughts: are we in the final stretch towards BTC's macro top?
a chart that precisely captured the major demand zone reaction and subsequent bullish impulse.
The newly updated chart illustrates a strong impulsive wave structure, supported by a well-defined corrective wave count, completing at the prior immediate demand zone (~$85K–
89K). From this base, price action has resumed within a clearly impulsive structure, suggesting the possibility of an extended bullish fifth wave, potentially evolving into an ending diagonal pattern.
🔹 Immediate Focus:
$85K–
89K zone is acting as a local support and re-accumulation area (immediate demand).$102K resistance is a pivotal structural barrier. A confirmed breakout from this level will reinforce bullish continuation.
🔹 Pattern Target:
A potential AB=CD completion and Wave 5 termination zone are aligned between $147K–$154K, with Fibonacci projections and channel symmetry suggesting further upside extension to $160K–$170K under euphoric conditions.
With momentum building in alignment with the long-term bullish cycle structure. We should watch for retracement entries near demand levels, with invalidations below $73K.
Let us know your thoughts: are we in the final stretch towards BTC's macro top?
Trade active
A move towards 102k area is expected before major correctionNote
still expecting a price towards the immediate resistance level as shown on the chart, holding firm all our long positions for this test.
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📢Follow the official links only! Trade smart, stay safe! 🎯
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
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.