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 Online04 Dec 2025, 07:42 UTC
AI-generated source summary
The analysis indicates a continued bullish outlook for Bitcoin, with the market currently exhibiting upward momentum. Following a confirmed five-wave impulse upward, the price is currently navigating a wave four pullback. Key Fibonacci support levels for this wave four are identified at 92,136.10 (23.60%), 91,023.62 (38.20%), and 90,134.32 (50%). As long as the price maintains above this Fibonacci support zone, the preferred bullish scenario, which anticipates higher prices, remains valid. The immediate target for the impending fifth wave (part of a larger C-wave of wave IV) is projected within the range of 96,697.32 to 100,011.48, specifically around 96,700.00. A decisive break above the intraday high would further confirm this upward trajectory. A potential risk involves a deeper wave four pullback; however, the bullish commitment holds unless critical support at 90,134.32 is breached. Should the current upward micro-structure evolve into a three-wave move, followed by a fourth and fifth wave in an ending diagonal pattern, it could lead to a volatile ascent, but the overarching objective remains the next upside targets.
AI-generated summary based on the source content.
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