Bitcoin is consolidating just above key support after a textbook correction. The first chart shows a completed Falling Wedge breakout from Wave ④, while the second chart lays out macro Fibonacci targets for Wave (5).
Chart 1 (Daily): Local Breakout Setup
• Falling wedge breakout above 83.9K–84.3K
• Completed structure: Wave ③ → ④ → Potential Wave...
📊 Bitcoin Elliott Wave Analysis: A Potential Bullish Reversal? 🚀
🔎 Chart Overview:
This 4H BTC/USDT chart presents an in-depth Elliott Wave analysis, mapping the current corrective structure and projecting a potential bullish move ahead.
📌 Key Levels & Patterns:
• The price recently completed a WXYXZ complex correction, hitting critical support around 84,988 -...
![BTCUSDT.P: [BTC/USDT] Wave (4) Completed? Road to $140K Begins Here](https://tradingview.sweetlogin.com/proxy-s3/u/uOjQskkO_mid.png "[BTC/USDT] Wave (4) Completed? Road to $140K Begins Here")
