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 Online12 Sept 2025, 06:00 UTC
AI-generated source summary
The analysis focuses on BTCUSD, noting it has reached a resistance area around $115935. The video identifies a B wave in orange, suggesting two bullish scenarios. A key resistance area is identified between $117454.66 and $120404.98. The analysis suggests that five waves upward would confirm a clearer Wave 5. The video refers to recent cycle indicators, such as power law and golden ratio multipliers, that have not confirmed a major top, also there is a regression band indicator being developed. There is a caution that B waves can overshoot previous highs, thus breaking above resistance doesn't invalidate the B wave hypothesis. It focuses on higher prices in short term until a break below support. A micro support break could trigger a C wave down. The nearest support area at this time is between $113504 and $115500, aiming for at least one more high as long as $113500 holds with an approximate target of $117668.
AI-generated summary based on the source content.
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