Bitcoin/USD Elliott Wave & Fibonacci Extension Analysis
BTC currently at ~62.5k, completing Wave 4 (potentially a triangle) in Elliott Wave theory. Expect some short-term consolidation.
Mid to long-term outlook remains bullish with potential targets:
🔹 87.8k
🔹 115.5k
🔹 151.9k
🔹 180k
Price action falling below 56k can invalidate this idea. Stay informed & plan accordingly!
Mid to long-term outlook remains bullish with potential targets:
🔹 87.8k
🔹 115.5k
🔹 151.9k
🔹 180k
Price action falling below 56k can invalidate this idea. Stay informed & plan accordingly!
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.