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 Online08 Oct 2025, 04:05 UTC
AI-generated source summary
The analyst is providing an Elliott Wave analysis for Bitcoin (BTCUSDT). The current count suggests that Bitcoin may have completed a third wave and is now in a fourth wave, with potential for a further upward movement. The target price for this potential fifth wave is around 125,000. A key support level to watch is between 115,000 and 119,500. If the price breaks below 119,500, it would invalidate the bullish scenario for the larger wave count. The analyst also notes that the intraday movement has been choppy and suggests keeping an eye on price action around the 122,000 to 121,900 resistance zone, with a failure below 122,000 potentially indicating a shift towards a bearish ABC pattern.
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