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 Online17 Jan 2026, 18:40 UTC
AI-generated source summary
The analysis on BTCUSDT suggests a potential continuation of the bullish trend. The price has recently approached a critical resistance zone between 97,113 and 98,000, which coincides with Fibonacci extension levels. A break above 97,113 could signal a move towards 98,000 and potentially higher, targeting 100,000. The market structure shows a five-wave impulse pattern from the recent low on December 17th, with the current price consolidating. The key support level to watch is identified between 93,948 and 94,526. If the price breaks below the 93,000 support area, the bullish thesis would be invalidated, and a more significant downtrend could follow. The current 30-minute chart shows a developing trend, with the expectation of a retest of the 98,000 resistance level if support holds.
AI-generated summary based on the source content.
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Signals in this source
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