$BTC sitting at $74,484 — corrective structure still in play on the daily. Elliott Wave read points to a W-X-Y-X pattern pushing into a final Z-wave, which could drag price down toward weekly support.
Key levels:
🔴 Resistance: $76,376–$77,603
🟡 Support 1: $72,575–$69,076
Until $BTC reclaims that $76k–$77k resistance zone, downside bias stays active. A test of $72,575 looks probable. If sellers pile on, $69,076 weekly support becomes the anchor.
A clean break above resistance flips the short-term setup. For now, watching Z-wave completion and how price reacts at weekly support. Patience over prediction.
Not advice — chart-driven view for education. DYOR.
Key levels:
🔴 Resistance: $76,376–$77,603
🟡 Support 1: $72,575–$69,076
Until $BTC reclaims that $76k–$77k resistance zone, downside bias stays active. A test of $72,575 looks probable. If sellers pile on, $69,076 weekly support becomes the anchor.
A clean break above resistance flips the short-term setup. For now, watching Z-wave completion and how price reacts at weekly support. Patience over prediction.
Not advice — chart-driven view for education. DYOR.