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.
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More Crypto Online14 Sept 2025, 06:30 UTC
AI-generated source summary
The video presents a technical analysis of BTCUSDT. The analysis focuses on identifying potential wave patterns on the daily timeframe to predict future price movements. The analyst suggests the market is grinding towards a resistance area, currently in three waves, and could be a corrective bounce. The video emphasizes that decisions will likely be made around the resistance zone, which will decide if Bitcoin is in the Orange or White count. A five-wave move down from the current level or strong rejection at the resistance might indicate the start of the next leg down. The analysis identifies two potential scenarios: an orange scenario allowing for a larger correction and a white scenario leading to new all-time highs. Five wave up to a price of 133659 would invalidate the Orange count. Support for wave four lies between $113,504.27 and $115,000. The current uptrend remains intact while holding above $113,504.27. There is also a 118500 area as possible target to retest after the current high to validate a higher low.
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