Total Quality
Score
If You Had Traded on This Analysis…
Fail

BTCUSDT
Entry
113,722.0000
2025-08-03
15:10 UTC
Target
129,173.0000
Fail
110,417.0000
In 3 Weeks
Risk / Reward
1 : 5
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Final PnL
-2.91%
P/L: —
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Body
The analysis, based on Elliot Wave, targets 112.574 for Bitcoin, a target achieved in the live stream. A rebound is seen. Bitcoin is entering the channel from the lows, taken a good signal for the upside. The wave five is unfolding, 1,2,3,4 and 5. The ABC impulse finishes at wave A, wave B and wave C. Bullish scenario is targeted around the 129173 price point. A bearish scenario would begin at that level. The RSI signals bullish divergence on the two and one hour chart with higher prices. The MACD line is open to the upside. In conclusion, the volume will increase to move to higher prices to 125k.