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 Online17 Oct 2025, 06:33 UTC
AI-generated source summary
The analysis indicates Bitcoin is struggling, and there is no evidence of a meaningful price low having formed. The analyst is considering different scenarios, but simplifies it to focus on whether the Friday low holds. If it does, he anticipates a B-wave bounce, potentially a rally in wave 5. Currently, the Friday low has not been broken. He maintains the view of a possible wave 4 bottom or an A-wave, but it's considered low confidence as rallies from that low have only resulted in choppy, messy 3-wave structures. If Bitcoin continues higher, the resistance area to watch is between 114212 and 121934. The analyst notes that bulls haven't shown any indication of taking the lead, so short-term pressure still appears downward. Bitcoin is hovering just above a key level.
AI-generated summary based on the source content.
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Signals in this source
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