Bitcoin (BTC) Daily Close | What to Expect Next? Elliott Wave Targets & Key Levels
1 extracted signal · 0 resolved · 1 still active
KG TRADING - Crypto Elliott Waves30 Jun 2026, 19:01 UTC
AI-generated source summary
The analysis focuses on Bitcoin's potential price movement, interpreting the current market structure using Elliott Wave theory. The current price of BTCUSDT is observed around 59,937. The prediction is for a bullish trend, with an expected target price of 70,970. This bullish scenario is predicated on the assumption that the price continues above the 70,970 level, which is interpreted as the completion of wave 4 and the potential start of wave 5. The prevailing structure is described as a diagonal triangle, with the wave E still unfolding. If the price were to fall below 56,405, this would invalidate the bullish outlook and suggest a continued bearish trend, potentially reaching lower levels as indicated by the 0.618 Fibonacci retracement at 56,405. This technical outlook suggests a short to medium-term bullish bias for Bitcoin, contingent on maintaining key support levels and breaking through resistance zones.
AI-generated summary based on the source content.
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KG TRADING - Crypto Elliott Waves
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