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 Online06 Oct 2025, 15:28 UTC
AI-generated source summary
The analysis focuses on Bitcoin's current position relative to its all-time high and potential future movements, mentioning that Bitcoin continues to hold strong. The analyst notes that Bitcoin had the highest ever weekly candle close, a nice and green bullish candle. A heat map indicates Bitcoin is up 1% and that markets is currently seeing a mixed bag and that many Monday's have been bearish but Bitcoin has been holding up quite well. The analyst is looking at the Bitcoin daily chart and points out that the next pullback might be a wave 4. Bitcoin reached 138% extension but then broke above it, and notes that the levels are still respected around $124,000, that's the first ideal target for white wave 3. The analyst also shows shorter timeframe 30m, noting that they don't have a classic elliot wave long trade setup. The analyst says that the all time high was an overshooting B wave and this looks like five waves down. Resistance is between 123628 and 124963, expecting the bears and bulls to fight here for a little bit and that he has no break above resistance yet.
AI-generated summary based on the source content.
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