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, 21:56 UTC
AI-generated source summary
The analysis discusses Bitcoin's daily timeframe, observing limited movement. The current structure suggests a corrective bounce, with potential choppiness. A key support area is highlighted at $101,569.85, crucial for maintaining a plausible wave 4 scenario. Breaking below this level would invalidate the analysis and indicate an A wave. September is noted as historically a weaker month for Bitcoin and altcoins due to Bitcoin dominance. A weak bounce is unfolding now. Resistance exists between $115,400 and $120,400. Key resistance to watch in the range from 50% to 78.6% retracement of Fibonacci. Relative Strength Index (RSI) and solid buy signals trigger this oversold region.
AI-generated summary based on the source content.
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