Total Quality
Score
If You Had Traded on This Analysis…
Fail
BTCUSDT
Entry
113,589.0000
2025-08-02
11:18 UTC
Target
126,000.0000
Fail
110,617.0000
In 3 Weeks
Risk / Reward
1 : 4
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Final PnL
-2.62%
P/L: —
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Body
This is an Elliott Wave analysis on BTCUSD, focusing on the daily timeframe. The analyst suggests Bitcoin has likely topped out, projecting a decline towards the $77,000 to $56,000 range, based on the current overall structure of the market. However, they also suggest a possible minor increase towards $126,000 is possible before a major decline.
