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 Online19 Oct 2025, 20:30 UTC
AI-generated source summary
The analysis indicates Bitcoin is currently in a corrective bounce phase, with the market moving towards a 100% extension target at $110,187. A bullish divergence has been observed on the 4-hour RSI. It is suggested to remain cautious due to the three-wave move to the upside being based on corrective structures. As long as the rally is corrective, the risk of further downside remains high, especially if the rally is just a dead cat bounce or a B wave. Eyes need to be on the 100% extension target area at $109,740, with the 61.8% retracement at $115,880 serving as potential resistance in the upper range. Should the price break above this level, a larger corrective rally is possible, potentially reaching the $115,880 - $119,464 area. The presenter emphasizes that as long as the price stays above the swing low of $106,200, the upside pressure can remain in the short term.
AI-generated summary based on the source content.
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