🔔 $BTC Long-Term Outlook: Still Bullish? 🚀
On the 3D timeframe, Bitcoin appears to be following a bullish Elliott Wave structure. The current move could be Wave 3, with the previous Wave 2 bottom around $57.7K.
🎯 First major target: $126K — the previous ATH
🚀 If BTC breaks above $126K, the upside potential could extend much higher.
📉 Possible short-term correction:
• 38.2% Fib: ~$74.6K
• 50% Fib: ~$71.1K
✅ Confirmation: $82.8K — already broken, which adds strength to this bullish scenario.
⚠️ Invalidation: $57.7K
If BTC falls below this level, this setup would no longer be valid.
What do you think — are we heading toward a new ATH? 👀🔥