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

BTCUSDT
Entry
112,444.0000
2025-08-22
12:46 UTC
Target
67,000.0000
Fail
125,000.0000
Risk / Reward
1 : 4
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Body
This is a Bitcoin price prediction based on Elliott Wave analysis, focusing on a daily chart. The analysis suggests a potential completion of wave one at around $123,685.03, which is also a bearish market confirmation level. It anticipates an expanding flat correction pattern (ABC) forming wave two downwards towards a support area between $67,000 and $78,000. It is expected an aggressive downward move for wave two. The analysis also suggests a massive wave three towards $200K following the wave two correction and a weakness on altcoins.The Bitcoin dominance analysis expects the end of wave five around 58.56%. The bullish market will be invalidated when the uptrend break through $119216.37, expecting a drop to 73421.64. It gives a future target to reach around 67000