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 Online29 Nov 2025, 17:10 UTC
AI-generated source summary
The analyst provides a technical analysis of Bitcoin, discussing wave structures on the daily chart. He considers a possible five-wave move to the upside if a further high is achieved, and addresses a question from a community member on this possibility. The analyst notes that, at best, an upward move would be a diagonal pattern, as five waves can't really be a wave four. If a pullback from the current level occurs after a potential five-wave upmove, this may indicate if it is really five waves. The analyst still sees a three-wave move and says wave four can turn into a larger ABC. The analyst states that the ideal retracement is to stay below 101150, and the third wave is far from hitting the 138% extension. He emphasizes remaining below 101150 for the bear scenario. He also states the recent bounce unfolded from the Friday low last week.
AI-generated summary based on the source content.
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