“BTCUSD is Setting Up for a Powerful Wave 5 Rally! 🚀 | Elliott Wave + SMC Analysis”
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📊 Optimized :
> 📈 Bitcoin (BTCUSD) 4H Elliott Wave Forecast
BTC is currently forming a classic Elliott Wave 5 setup after completing a clean 1-2-3-4 sequence, supported by strong Smart Money Concepts (SMC) zones!
We’re now at a critical decision point — will bulls push to 111,682 or will price revisit the Fair Value Gap (FVG) near 99,640 for re-accumulation?
This chart outlines two potential bullish paths after retracement and the complete ABC correction possibility.
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🧠 Key Technical Confluences:
✅ Wave 1 to 5 structure forming cleanly
💸 Strong Buyer Zone (FVG) at $99,640
🔁 Correction zone marked for Wave A-B-C retracement
🟢 Premium breakout target: 111,682
🔴 Support zones: 106,095 and 99,640
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🚀 My Outlook:
If BTC holds above 106K, we may see a sharp continuation to 111K+ as part of Wave 5.
But if smart money needs deeper liquidity, we’ll likely revisit the discount FVG before a major push up.
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🔍 Tags
#BTCUSD #BitcoinAnalysis #ElliottWave #SmartMoney #FVG #Wave5 #BTCForecast #CryptoTrading
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.