📊 Fibonacci Levels:
100% Fib extension (~$74,146): Currently acting as a key resistance — price is reacting to it.
127.20% ($93,137) and 141.4% ($103,051): Next major resistance zones — likely targets if the uptrend continues.
161.8% ($117,259): A very bullish projection, and possibly the top of Wave (5).
These are classic take-profit levels for longer-term bulls.
🔁 Elliott Wave Count (Speculative):
The chart seems to be suggesting a Wave (3) top around current or slightly higher levels.
A Wave (4) correction is expected to drop toward the midline of the ascending channel (possibly
65K–$68K area).
Followed by a final Wave (5) rally — possibly targeting $103K to $117K.
This is a bullish long-term outlook with one more correction before the final blow-off top.
📐 Trend Channel:
The price is trading within a long-term ascending channel, respecting both support and resistance very well.
Wave (5) projection is pointing to the upper boundary of the channel — potentially aligning with the 161.8% Fib at $117K.
📉 Support Zones:
65K to $68K: Strong area of potential support (between 86%–100% Fib and mid-channel).
$47K: 61.8% Fib — solid structural support if there's a deeper correction.
🔺 Bearish Warning:
The red arrow near the top suggests a potential rejection around the $93K–$103K area.
Could lead to a false breakout or a sharp Wave (4) correction.
🧠 Summary – End of 2025 BTC Outlook Based on This Chart:
Scenario A (Bullish):
📈 Target: $103K – $117K
Timing: End of 2025 (Wave (5) peak)
Conditions: BTC holds65K–$68K on corrections, follows Elliott Wave path.
Scenario B (Bearish Rejection):
🔻 Pullback to65K or even $47K
Potential double top or failed breakout
100% Fib extension (~$74,146): Currently acting as a key resistance — price is reacting to it.
127.20% ($93,137) and 141.4% ($103,051): Next major resistance zones — likely targets if the uptrend continues.
161.8% ($117,259): A very bullish projection, and possibly the top of Wave (5).
These are classic take-profit levels for longer-term bulls.
🔁 Elliott Wave Count (Speculative):
The chart seems to be suggesting a Wave (3) top around current or slightly higher levels.
A Wave (4) correction is expected to drop toward the midline of the ascending channel (possibly
65K–$68K area).Followed by a final Wave (5) rally — possibly targeting $103K to $117K.
This is a bullish long-term outlook with one more correction before the final blow-off top.
📐 Trend Channel:
The price is trading within a long-term ascending channel, respecting both support and resistance very well.
Wave (5) projection is pointing to the upper boundary of the channel — potentially aligning with the 161.8% Fib at $117K.
📉 Support Zones:
65K to $68K: Strong area of potential support (between 86%–100% Fib and mid-channel).$47K: 61.8% Fib — solid structural support if there's a deeper correction.
🔺 Bearish Warning:
The red arrow near the top suggests a potential rejection around the $93K–$103K area.
Could lead to a false breakout or a sharp Wave (4) correction.
🧠 Summary – End of 2025 BTC Outlook Based on This Chart:
Scenario A (Bullish):
📈 Target: $103K – $117K
Timing: End of 2025 (Wave (5) peak)
Conditions: BTC holds
65K–$68K on corrections, follows Elliott Wave path.Scenario B (Bearish Rejection):
🔻 Pullback to
65K or even $47KPotential double top or failed breakout
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.
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.