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 Dec 2025, 08:28 UTC
AI-generated source summary
The analysis focuses on Bitcoin's short-term movements within a broader Wave 4 corrective bounce, initiated on November 21st. The market previously saw an advance to a resistance area, followed by a three-wave pullback that tested a significant support zone between 82,168.95 and 85,658.98. A subsequent five-wave advance from this low indicated a bullish inclination. The market is currently consolidating sideways, having bounced from this micro support, specifically holding above the 78.6% Fibonacci retracement at approximately 85,460. This pattern, characterized by a five-wave move followed by a three-wave pullback holding critical support, is interpreted as bullish. Key structural resistances at 89,560 and 90,420 are identified as immediate hurdles. A break above these levels is expected to lead to higher prices, with an initial target around 94,000 (previous swing high) and a subsequent ideal target range of 96,900 to 98,600, corresponding to the 100% Fibonacci extension for the projected C-wave. The analysis for the coming trading week maintains a bullish outlook, contingent on the micro support at 85,460 remaining unbroken.
AI-generated summary based on the source content.
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