This video provides a professional Elliott Wave and technical analysis of Bitcoin (BTC), focusing on market structure, key support and resistance zones, and both bullish and bearish possibilities. The goal is to give viewers a clear, educational overview of Bitcoin’s market setup.
1 extracted signal · 1 resolved · 0 still active
More Crypto Online02 Nov 2025, 09:45 UTC
AI-generated source summary
The video analyzes BTCUSD, noting October 2024 was the worst October since 2018. November is typically bullish, though mixed. The analysis identifies a five-wave decline from Monday's high, suggesting a potential corrective bounce. The most critical resistance to watch is identified between 113460 and 121750. A break above this range is needed to unlock all-time high territory. Micro support lies between 107330 and 109250. A rejection at the resistance could lead to a sharp drop in the coming weeks. The speaker treats the current setup as a 1-2 pattern but with low confidence. To confirm the bullish momentum, price need to break above 122000 and hold a higher low for the next wave, and price is king and need to focus on relevant pivots and resistances.
AI-generated summary based on the source content.
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1 eligible signal linked to this case.
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Signals in this source
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