ondasdeelliott

📊 BITCOIN: Are we seeing one last liquidity sweep before a new bullish impulse? 🚀

The market has just closed out a difficult October, but there’s something about the price structure that has caught my attention.

My Elliott Wave analysis suggests we could still see a corrective move on lower timeframes before attempting a significant recovery.

🔎 What am I watching?

On lower timeframes (15M–1H), I think BTC may still need to seek liquidity below recent lows, complete its corrective move, and trigger a buying reaction.

My scenario involves three steps:

1️⃣ A liquidity sweep below the recent low.

2️⃣ Recovery of the lost level and confirmation of a change in market structure (CHOCH/BOS).
3️⃣ The start of a potential bullish impulse that could take us back toward October’s highs.

🎯 Levels I’m keeping an eye on:

- Support: the 76,000–76,500 USD zone.
- First recovery: 78,000–80,000 USD.
- Resistance: 81,840 USD, the recent weekly high.

⚠️ I’m not treating this move as confirmed. If BTC loses support decisively and fails to reclaim it, my bullish scenario would be weakened.

Personally, I think there could still be an interesting opportunity if the market completes that correction and buyers take control again.

Now I’d like to hear your thoughts:

🤔 Do you think Bitcoin still needs one last liquidity sweep before taking off, or do you think October left behind a bearish structure that could extend through November?

📈 Are we gearing up for a new high, or is another drop still ahead?

Let me know in the comments.

#btc #cryptouniverseofficial #TradingSignal #OndasDeElliott #BinanceSquare $USDC

$XAUT hitting buy zones while completing the #ondasdeelliott . This analysis is purely technical without considering the fundamental analysis which is more speculative and can be a distraction. Time to stack up on $XAUT .