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 Online10 Sept 2025, 05:28 UTC
AI-generated source summary
The analysis discusses Bitcoin on a daily chart, highlighting relevant levels for the current and next week, focusing on the upcoming Fed interest rate decision, which is likely to result in a rate reduction and additional volatility. The analyst points to a B-wave resistance area between $115,425 and $120,404. A potential ABC correction pattern is examined, suggesting a possible move lower to the 96K range. The 350-day moving average, currently around 96K, aligns with a 50% retracement level, and it is noted to have offered support since early 2023 with multiple tests. However, the analyst says he can't offer super clear insights on the smaller time frame due to the lack of a clear five wave moves in either direction on the smaller timeframe. Caution is advised given that there has been no clear break of resistance or support, and urges not to try and trade every single wave.
AI-generated summary based on the source content.
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