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 Online17 Sept 2025, 14:40 UTC
AI-generated source summary
The analysis focuses on Bitcoin's daily chart, noting it has reached a resistance area at the 61.8% retracement level, approximately $117,454. Two scenarios are tracked: an orange scenario for a B-wave and a white scenario for a fifth wave. The $117,454 level is considered a decision area, supported by the VRVP indicator, showing a point of control. Although no explicit calls are made, the presenter acknowledges that reaching this level was probably very foreseeable. The presenter highlights that the level acts as a magnet and that various liquidation heatmaps indicate volatility at this level. The presenter indicates a 25-basis point cut is already priced in. The high risk associated with shorts is due to Bitcoin currently being aligned with an upward trend. The speaker discusses, that Bitcoin is in resistance on a long time frame, therefore Altcoin one hour time frames were analyzed, noting the Pengu meme coin shows a bullish structure. Finally, the analyst tracks Bitcoin dominance and notes there has been a rejection, the analyst predicts a bounce from the recent low of 57.17 to a high of 64.52
AI-generated summary based on the source content.
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