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 Online06 Sept 2025, 03:31 UTC
AI-generated source summary
The analyst discusses Bitcoin's current market situation, noting it has experienced slight upside over the past week. Analyzing a daily chart, a break above the price channel is observed, yet no clear indication of either a breakdown or breakout has occurred. Bitcoin bounced from the 101569.85 price range, yet the market hasn't broken above resistance. Indicators from Bitcoin Magazine Pro do not show any topping patterns, which the presenter interprets to mean there is no clear price top yet. A five-wave move is in progress, suggesting higher prices may occur to the 136522.39 range. It is indicated that if Bitcoin moves to around 2.7 to 2.8 times, this could serve as a topping indicator. Key support level is 108557.35 while resistance around 110270.24 and then 115451.16. Sideways action with choppiness is expected to occur until a rate decision. Finally, the analyst is waiting for a breakout, as he is unsure when the Bitcoin market will increase again.
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