BTC Price News Today - Technical Analysis and Elliott Wave Analysis and Price Prediction! In this video I talk about the Bitcoin BTC Cryptocurrency price and carry out a technical analysis. I also talk about my Bitcoin Elliott Wave count and discuss where the price could be going next.
1 extracted signal · 1 resolved · 0 still active
More Crypto Online05 Oct 2025, 03:44 UTC
AI-generated source summary
The analysis suggests Bitcoin is currently consolidating, with the analyst addressing a question regarding the potential for the recent upward movement to be an impulse wave. The analyst evaluates the wave structure of Bitcoin, suggesting the move upward may be an ABC corrective structure, suggesting more sideways movement. If the price does breakout above the support around $118,239 there is potential to move up to the $127,426 area. A break above the Friday high will likely push to all-time highs with major resistance at around $126,700 and $127,400. Risk management is emphasized as there is no guaranteed knowledge of the current wave formation. For it to stay bullish it must hold $118,240.
AI-generated summary based on the source content.
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Signals in this source
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