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 Online18 Oct 2025, 16:10 UTC
AI-generated source summary
The analyst discusses Bitcoin's price action on the daily timeframe, focusing on Elliott Wave patterns and potential market tops. He addresses whether a bear market has started, suggesting it hasn't been confirmed yet. The analyst prefers one more high before any larger correction. A break below the 55-week EMA, coupled with rejection from resistance, would signal a major warning for bulls, a break below $83000 would mean full bearish confirmation. According to the analysis using Elliott Wave, a break below the April low of around $74000 also mean bearish confirmation. A short-term analysis shows immediate resistance between $107355 and $109740, and support around $98500. A break above this resistance indicates movement to the B wave.
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