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BTCUSDT
Short Entry 64,616.0000 2026-06-14 02:15 UTC
Target 32,000.0000 Fail 75,000.0000
Risk/Reward 1 : 3
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BTCUSDT
Pending
Cryptocurrency
Technical
1H
Analysis Predict Bear Market
The speaker discusses two potential scenarios for Bitcoin: a bullish one (primary count) and a bearish one. The current situation is difficult to distinguish between these two. Historically, the speaker has predicted that once the bull market ends, Bitcoin would enter a three-wave correction, potentially lasting 4-5 years in a bear market until the decline structure becomes clear. Currently, both the bearish and bullish scenarios share the same wave count, implying they are moving together. The speaker suggests that the bear market phase might extend for several years before a clear bullish structure emerges. Specific price targets are not explicitly stated for the current analysis, but the historical prediction implies a significant downturn. The analysis relies on Elliott Wave Theory principles to forecast future price movements.
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