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KG TRADING - Crypto Elliott Waves24 Mar 2026, 13:40 UTC
AI-generated source summary
The analysis suggests that Bitcoin is currently in a potential wave 4 correction, with the possibility of a double 1-2 or a zigzag pattern. There are two main scenarios presented: a bullish outlook where Bitcoin breaks out to a new all-time high around $130,000-$150,000, or a bearish scenario where it forms an expanding flat pattern or a triangle, leading to a deeper correction. The speaker emphasizes that a clear break of the base channel and a confirmed bear market structure is crucial for the bearish outlook. The short-term analysis on the 15-minute and 1-hour charts shows potential for further upside if the current impulse continues, with targets around $74,000-$76,000, but also highlights the risk of a downward move if the price fails to hold the current levels.
AI-generated summary based on the source content.
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Signals in this source
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KG TRADING - Crypto Elliott Waves
Tahlil Plus independently records and evaluates public market predictions. Extraction may be AI-assisted and results follow the Tahlil Plus methodology. This information is not financial advice.
