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, 23:45 UTC
AI-generated source summary
The analysis begins with a review of the daily Bitcoin chart, noting the Federal Reserve's interest rate decrease of 25 basis points, which was largely anticipated. The daily chart reveals the Bitcoin price interacting with the 61.8% Fibonacci retracement level at 117,454 dollars, and mentions that support levels are still holding. The analysis recommends caution regarding micro-structures on the smallest timeframes on news days. Shifting to a shorter 30-minute timeframe, the analysis points out that Bitcoin dipped into a Fibonacci support area, with potential for a fifth wave upward. The analysis highlights a sideways consolidation since Friday, but the overall market structure remains intact as long as support holds, mentioning a key trend channel with a lower boundary around 114,500 dollars. If that Fibonacci zone breaks, a confirmed top would be highly probable.
AI-generated summary based on the source content.
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