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 Online12 Dec 2025, 22:13 UTC
AI-generated source summary
The Bitcoin chart is currently facing repeated rejections from a resistance area spanning between $92,588.37 and $101,057.39. This price action is interpreted as a corrective pattern rather than a new impulse trend. The primary outlook suggests the market is navigating a Wave 4 corrective bounce, originating from the November 21st low. Subsequent to this, a Wave 5 decline is anticipated, with a target range between $73,474.81 and $68,152.95. On the shorter 30-minute timeframe, an E-wave decline has been observed, leading to current consolidation with abrupt movements but lacking directional clarity. Immediate support is identified within the zone of $88,912.00 to $85,988.48. A breach below yesterday's swing low (approximately $90,000) would likely prompt a test of this support region. Conversely, a definitive break above the 38.2% retracement level at $92,734.45 would suggest the onset of an upward C-wave, potentially pushing the price into the upper half of the resistance area, specifically towards $96,853.87. However, the overarching view remains within a corrective framework, with a strong possibility of further downside to complete the projected Wave 5.
AI-generated summary based on the source content.
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