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 Online18 Nov 2025, 22:27 UTC
AI-generated source summary
The speaker is analyzing Bitcoin's (BTCUSD) price action using Elliott Wave theory. Despite recent price drops in Nasdaq, Bitcoin has shown some upward momentum. The analysis highlights a potential support zone around the 90,000-90,044.67 level, which aligns with the 78.60% Fibonacci retracement. The speaker anticipates a potential bounce from this area, possibly leading to a retest of higher resistance levels like 91,329.89 or even 92,997.77. However, a break below the identified support zone would invalidate the bullish short-term outlook. The longer-term perspective suggests that Bitcoin might be in the process of forming a larger corrective wave.
AI-generated summary based on the source content.
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