$BTC | Elliott Wave: Is Wave C Already Complete?
Bitcoin’s 4H chart still shows a corrective structure after rejecting the $87,385 area. Price dropped toward $79,732 before stabilizing, while the 15M chart now shows a short-term recovery from $80,780.
The key question is whether this bounce marks the start of a stronger recovery or just a temporary relief move.
Key Levels
Resistance: $82,300–$82,900
Support: $80,780
Lower support: $79,730
A breakout above resistance would strengthen the recovery case. Losing $80,780 could reopen downside risk.
I
Bitcoin’s 4H chart still shows a corrective structure after rejecting the $87,385 area. Price dropped toward $79,732 before stabilizing, while the 15M chart now shows a short-term recovery from $80,780.
The key question is whether this bounce marks the start of a stronger recovery or just a temporary relief move.
Key Levels
Resistance: $82,300–$82,900
Support: $80,780
Lower support: $79,730
A breakout above resistance would strengthen the recovery case. Losing $80,780 could reopen downside risk.
I