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Btcelliotwaves

Btc will probably the last bull ride. Until next retracementHey everyone! Here's a quick look at Bitcoin's possible path based on some popular chart patterns. 🎢📈 Imagine riding a rollercoaster with 5 big hills—up, down, up, down, and then up again! In these charts, each number (1 to 5) shows those ups and downs that experts look for in prices. 🚀📉 The colorful lines help us see where Bitcoin might go next. The yellow lines show the path it's following, like train tracks keeping it on course. The blue boxes and dashed lines show "power-up zones" where Bitcoin might stop, bounce, or change direction, kind of like a game checkpoint! 🟦🎯 The whole idea? Bitcoin might keep going up, but it'll have some bumps along the way. This pattern helps people guess where those bumps might happen. 💡 Remember, these are just guesses based on patterns, like predicting the next moves in your favorite game! 🎮🔥 Stay curious and keep learning!"
INDEX:BTCUSD
by EpicM
BTC is still bearishHi Traders this is my view for bitcoin from Elliott Wave Analysis perspective, hope it could give you another perspective of analysis. Bitcoin is still bearish with double three (wxy) corrective wave within the blue channel. I expect btc would go down to around 25k demand area for entry long position (with PA confirmation). Then bounce-back to 26.8k supply zone for entry short position (with PA confirmation) The invalidation for short scenario is at high (c) 27400 Next major support is at 24.1k It is always better to wait for PA confirmation on lower timeframe every before entering the market. Especially in the current risky market condition, where the liquidity is thin, smaller range, major news and full of manipulation. Cheers!
Short
by PakRT
Quick Question for the EW Veterans Out ThereI'm relatively new to EW, I'm more of a SMC/Wyckoff kinda guy, however I'm noticing something here that's slightly concerning. In previous bear markets, we've never really seen a 5 wave impulse to the downside, they've always been ABC corrections. This is the first bear market where I can clearly see a 5 wave impulse, and it looks like the ABC correction was to the upside this time. Could the next impulsive move possibly be down? Even with the halving quickly approaching? What are your thoughts?
INDEX:BTCUSD
by DigiLex_LLC
1
Bitcoin StrugglingHello traders, here is my view for btc at the moment : Bitcoin was in bearish move since May 5th with increasing volume + open interest and convergence with RSI momentum in daily timeframe, this is a confirmation for strong bearish move. What I expect : BTC weekly closed below 26900 next stop is 25k area BTC weekly closed above 27250 next resistance is 28k area But BTC would not go above 29k IMO since there is a strong channel resistance. I personally bearish for BTC since the abc correction target is on 25k area which is psychological number + fibonacci retrace confluences.
Short
by PakRT
Bitcoin Analysis short termHello Traders, this is my weekly analysis for btc from TA perspective : Btc was moving in impulse wave, with confirmation in swing ratio and volume. Is now showing volume divergence and momentum divergence, that indicate reversal soon. Am still expecting wave 5 to be happen after small retrace towards around 21.3k - 20k to touch MA200 (Daily) once again. Will patiently wait for PA for long in that area. Won't short because the price still in strong bullish move, unless there's clear PA. Cheers!
by PakRT
BTC Elliott wave count!!! 5th wave is coming. BTCUSD BTCUSDTHi dear community and my lovely followers. Today I'm looking at weekly timeframe and want to count Elliott wave from 2018 bear market bottom to the current price. As you see, I think the correction started from 2021 November is a wave 4, which consists of ABC corrections). At the moment BTC is going to complete 5 sub wave of C wave or it has already completed . BTW 4 wave can't go bellow wave 1/14,000$/: That's way I posted in my previous analyses that I think the recent dump was a bear trap/fake breakdown/ with double bottom formation + RSI bullish divergence. And mentioned my worst case scenario is 13.7-14K but more likely 5th wave starts from current point, coz BTC always surprises everybody and now almost 99% expect lower prices as 12-14K or even lower 8-10K like they were waiting 100K+ in November 2021))). Besides if you check bellow related ideas, you will find more than 20 analyses which proves BTC bottomed at 17.5K in June 2022 and it was real bottom based on my TA and history data. If you like my ideas, don't forget to follow me for further updates and ideas. I will appreciate any single follow. Thanks in advance.
BITSTAMP:BTCUSDLong
by ergal91
BITCOIN SHORT-TERM BULL BTC ( BITCOIN) is just finished leading diagonal on the A wave of a (D) of the triangle. I am assuming a sharp correction for wave B. We are currently in a triangle. DISCLOSURE - Please be informed that the information I provide is not a trading recommendation or investment advice. All of my work is for educational purposes only. All labeling and wave count have been done by me manually and I will keep changing according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans. Try to learn Elliott Wave or other strategies and make your own strategy. Following is not that much easy. I am not responsible for any losses if u took the trade according to my trade plans. #BTC #BITCOIN
COINBASE:BTCUSDLong
by anantadhungana
BITCOIN 11 Jan Elliott Wave Analysis this is 4 hr time frame analysis for short term time period trading (likely intraday ) as we can see Bitcoin is in correction phase . Now we are in zigzag correction ( ABC ) phase ,where its making Web A with 5 sub wave . As you can see in chart currently we are making 4rt subwave of wave A which will go towards 38% of correction of subwaves whic is coming UP move in few session 42400, 43700, 45000 . Now elliott baba is observing Triangle pattern formation in 4rth wave which has completed ABCD wave and now set to move for E which will be 42400, 43700 station . Happy trading
BITSTAMP:BTCUSDLong
by Elliottbaba
BTCUSD: Quick analysis Fib channel and Elliot wave showing our corrective zones for completion of short term correction, 8h chart showing the levels to be watching if no eq break up from a current completed C , BTC still showing she is still yet to complete the end of wave C before further upside, I will go into more detail at a later date , for now playing scalp trades inside the current channel is worth while taking entry notes via stoch rsi , macd , and KC band confluence until we either break up out of EQ into a wave 1 or wave B of primary ss count meaning 1 more corrective leg , we are coming close to the end of a wave, as far as technicals , BTC is looking pretty maxed out on most TF'S not to say full may enter the tank at anytime, but from a technical stand point, a tight scalp stop under and above current wicks playing os/ob conditions or patently awaiting a breakout or breakdown into ranges of technical interest .
BITFINEX:BTCUSDLong
by Contrarianeyeview
BTC USD Long term Analysis according to Elliot Wave Theory rulesAccording to Elliot Wave Theory There are 12345 Motive Waves. And I think the 1 wave for BTC/USD pair begins mid 2016 and ends 11 Dec 17. Wave 2 Analysis: Wave 2 should be is 50%, 61.8%, 76.4%, or 85.4% of wave 1. And here we have 0.854. Wave 3 Analysis: Wave 3 should be161.8%, 200%, 261.8%, or 323.6% of wave 1-2. We have here 3.272 Fib Extention. And Wave 4 (Are we on wave 4 now or it will go deeper? Today is 22.06.2021 And BTC value is 35K) . According to Elliot wave theory rules Wave 4 should be 14.6%, 23.6%, or 38.2% of wave 3 but no more than 50%. If BTC can keep staying uo 28K i think it corrects the rule. And yes it is Wave 4 now. Wave 5 Analysis: What is the top for this 12345 Motive Waves season? Again according to Elliot wave theory rules wave 5 is inverse 123.6 – 161.8% retracement of wave 4. It should be around 75-87K This is only a reminder for myself. Please do ypur own research.
BITSTAMP:BTCUSDLong
by Saphiretr
8
BTCUSD - Bitcoin Elliott Wave ForecastHello Bitcoiners, If you're still holding BTC, stay strong, we may have a recovery phase soon before breaking out. Key points - Fibonacci Extension level was tested twice and buyers came in, possible signs of bottom. - Next Fibonacci Extension level is acting as resistance now, once we cross ~46K, short sellers will probably not take chances to be greedy. - Stock Market Vix index has calm down, even though it rose little bit it didn't rise enough to be scary. - BTC fanboys and Elon Musk needs to cool off, don't get personal with Elon, it'll hurt BTC, remember he hasn't sold his BTC and he still maintains he's a crypto bull. Happy Trading.
BITSTAMP:BTCUSDLong
by ActorBay
BTCUSD - Bitcoin Elliott Wave ForecastHi Folks, You might be worried about Tesla's move on BTC, this is just a temporary news, no need to panic. I think BTC has completed it's 5th wave ABC correction. All other coins were due for correction and this price action is ensuring that. I expect BTC should lead the next rally on cryptos for making new highs after stock market specifically Nasdaq touches the bottom of correction, BTC will lead the recovery of Stock Market just like in September 2020. ~Happy Trading.
BITSTAMP:BTCUSDLong
by ActorBay