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, 20:55 UTC
AI-generated source summary
The video provides a technical analysis of Bitcoin, focusing on Elliott Wave theory on the daily chart. It notes Bitcoin has formed a new all-time high overnight but couldn't hold above previous swing highs. The analyst is waiting for the weekly candle close, anticipating volatility around that time, and records the video just before a weekly community live session. The white scenario is leading as long as Bitcoin holds above $114,900, the 61.8% retracement of the third wave's length. A fourth wave shouldn't break below this 61.8% fib level. The analysis suggests a diagonal structure, with potential for sideways chop and pullback before another high. October is normally bullish. Potential sideways consolidation pattern for one to two weeks then continuing higher. Support levels and fib levels are key to watch, and breaks $121,600 will suggest pullback has started. It suggests to go to the region from $114,900 to $118,900
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