Bitcoin is at a genuine Elliott Wave decision point around $80K.
Two counts remain valid:
Bullish: the bear-market correction is complete and BTC is forming Wave 1 of a new cycle. Monthly/weekly RSI structure and a potential Golden Cross near $69.8K support this view. A corrective 3-wave pullback holding $72.1K–$64K would strengthen it.
Bearish: the rally is the final C-wave of an Expanded Flat. Resistance sits at $85.4K, $93.2K and $101K. A subsequent clean 5-wave decline would favor another major selloff, with ~$54K realized price and potentially $44K in play.
The key isn't predicting the next price level—it’s reading the pullback structure.
3 waves = bulls gain confirmation.
5 impulsive waves down = bears gain confirmation.
Trade the evidence, not the narrative.
$WLD $ICP
Two counts remain valid:
Bullish: the bear-market correction is complete and BTC is forming Wave 1 of a new cycle. Monthly/weekly RSI structure and a potential Golden Cross near $69.8K support this view. A corrective 3-wave pullback holding $72.1K–$64K would strengthen it.
Bearish: the rally is the final C-wave of an Expanded Flat. Resistance sits at $85.4K, $93.2K and $101K. A subsequent clean 5-wave decline would favor another major selloff, with ~$54K realized price and potentially $44K in play.
The key isn't predicting the next price level—it’s reading the pullback structure.
3 waves = bulls gain confirmation.
5 impulsive waves down = bears gain confirmation.
Trade the evidence, not the narrative.
$WLD $ICP
