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 Online23 Jan 2026, 23:02 UTC
AI-generated source summary
Bitcoin is currently trading within a sideways range on the daily chart. The price is situated between an upper resistance zone of 96,900 to 102,000 and a support zone of 82,506 to 86,908. The most probable scenario, based on Elliott Wave analysis, suggests that the price will bounce from the current levels into the resistance zone (likely the upper end of 90,772 - 91,688 on the 15m chart, or potentially higher on the daily) to complete a B-wave. Following this bounce and subsequent rejection from resistance, a significant C-wave decline is expected, targeting the support levels between 74,198 and 68,834. A break above the 96,900 resistance level would invalidate this bearish outlook and indicate a larger B-wave move to higher targets like 101,197 to 119,762. Micro-structure analysis on the 15-minute chart shows potential for a short-term rally within a WXY correction to complete Wave 4 before the eventual C-wave decline.
AI-generated summary based on the source content.
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