Technical Analysis of Bitcoin (BTC/USDT) - Forecast Until March 2025 This analysis is based on Elliott Wave theory, Fibonacci tools, and time analysis. It continues the previous analyses and observations, predicting possible scenarios for Bitcoin’s price movements in the upcoming months. Key Points: Interaction with the 50% Fibonacci Level: Recently, Bitcoin’s...
Most likely bullish and stop loss at $23,000 According to the indicator and the past encounters and the intensity of the movements after that and the angle of the red and yellow lines, the probability that the market will grow is very high, but due to the high volatility of the bitcoin, there is a small possibility of a stoppage and annoyance in this area, and a...
if you want now is the best time to have position for cover this big FVG
the best support and resistance is that market will change, not just the High and Low
just look at the resistance from 500 candle ago on 15M
Considering the dollar situation, there is a possibility of market consolidation after a ceiling and if the previous ceiling is broken, the market can move to the upper PRZ range.
Considering the past market and also the US dollar situation and macroeconomics and small returns in long trends, the probability of long scenario is much stronger in the long run. Of course, there is a downward scenario in the lower time that I will put.
This is a view of the future market from my perspective. In this chart, I have used different types of time and price coordinates. I see the possibility of these two scenarios. If you are familiar with the rules of Elliott waves, there is still a chance of the last wave, which also shows a downward scenario. I have placed both the upward and downward scenarios...