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 Online23 Oct 2025, 07:00 UTC
AI-generated source summary
The Bitcoin price is currently testing a support level around 107,547.1, which aligns with the 61.8% Fibonacci retracement level. The price has shown a series of lower lows, indicating a bearish trend. However, the analysis suggests a potential for a bounce from this support zone. The target for a bullish move is identified at 112,485.92, corresponding to the 78.6% Fibonacci retracement level. A break below the current support at 107,547.1 would invalidate this bullish short-term outlook. The presenter notes the possibility of a five-wave move up, but emphasizes the uncertain nature of the current price action, highlighting the importance of observing how the price reacts to the identified support and resistance zones.
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