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 Online21 Jan 2026, 11:00 UTC
AI-generated source summary
Bitcoin is currently undergoing an Elliott Wave analysis on the 3-day chart, focusing on short-term price movements. The market is seen as completing either a wave 4 bounce or a B-wave bounce following a three-wave decline, having recently filled a CME gap around $87,000. Key resistance levels for the anticipated bounce are identified through Fibonacci retracements, with an ideal target for a wave 4 at the 38.2% retracement level of approximately $90,772. A decisive break above the 50% resistance at $91,680 could indicate a stronger B-wave bounce. Support levels are noted between $86,908 and $82,506. Although the overarching trend is considered bearish, a short-term bullish bounce is expected, with further price action needed to confirm the exact wave count.
AI-generated summary based on the source content.
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