The Opportunity of The Year: A Perfect Long Entry on BTC ?Bitcoin’s recent pullback to $76K has sparked concerns among traders, but for those following Elliott Wave 2.0, this correction is nothing more than a textbook WXYXZ retracement after a powerful 1-2-3-4-5 impulse wave.
Wave Structure: A Perfect Setup for the Next Move
Wave 1 began around $50K, kicking off the strong uptrend.
Wave 5 peaked at $107K, completing the impulsive move.
The current decline to $76K aligns perfectly with a wave-2-style correction, which is essential before the next leg up.
WXYXZ Correction: The Smart Money Entry Zone
In Elliott Wave 2.0, A WXYXZ correction is a natural and necessary part of market cycles. This isn’t a sign of weakness—it’s a cooldown before the next explosive run.
The Next Leg Up: Preparing for Wave 5
According to Elliott Wave 2.0, the cool gains come from Wave 5, which follows a WXYXZ correction. With Bitcoin cooling off at key Fibonacci levels, the next move could send it past $140K+ in the coming months.
With Institutional demand remains high, and spot Bitcoin ETFs continuously absorbing supply.
The halving effect is still in play, historically driving BTC to new highs post-event.
Smart money isn’t panicking—they’re accumulating. This correction isn’t a crash, it’s a reset before the next parabolic wave. 🚀