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 Online09 Oct 2025, 22:55 UTC
AI-generated source summary
The analysis begins by noting Bitcoin's continued downward pressure. It identifies a five-wave decline from a swing high formed late the previous day, suggesting this move could be wave one of a larger five-wave downtrend. A subsequent corrective wave two is observed, hitting a 78.6% retracement level at 123589, but failing to break resistance, the decline suggests the start of a third wave down. Ideally, wave three is projected to reach the 138% extension at 119495, the analysis acknowledges it's currently a bit short, increasing the chance of a bounce. If a larger bounce does occur, the move up could extend into the wave one price region near 121160. In Elliott Wave terms, a wave four should not break into the wave one price region if the analysis is correct. The analyst shares a larger C wave target between 115415 and 118698, in this scenario, with a preference for a further low to complete the five-wave sequence for the C wave.
AI-generated summary based on the source content.
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