BTC Price News Today - Technical Analysis and Elliott Wave Analysis and Price Prediction! In this video I talk about the Bitcoin BTC Cryptocurrency price and carry out a technical analysis. I also talk about my Bitcoin Elliott Wave count and discuss where the price could be going next.
1 extracted signal · 1 resolved · 0 still active
More Crypto Online05 Sept 2025, 01:02 UTC
AI-generated source summary
The analysis focuses on Bitcoin (BTCUSD). The current price is retesting a trend line. On smaller timeframes the trend line is more accurate. A strong reaction from this level could indicate the next leg up has started. One scenario suggests that a wave A or wave 4, which started at the all-time high, has already bottomed. However, there isn't enough evidence yet, as the move to the upside was choppy and corrective. The B wave would be a corrective rally. The area around $118,000 is highlighted as potentially relevant due to the point of control and Fibonacci resistance located there, suggesting it could act as a magnet.
AI-generated summary based on the source content.
Evidence and evaluation progress
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1 eligible signal linked to this case.
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Signals in this source
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