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$BTC ELLIOTT WAVE – WAVE 4 CORRECTION STILL IN PLAY
+0.57% Daily (holding the demand zone but structure remains heavy)Technical Analysis Breakdown (Elliott Wave + Smart Money):Market under clear pressure Recent price action treated as Wave 4 correction — and it’s not finished yet Weekend bounce respected the demand zone but slammed into resistance BOS + CHOCH already confirmed → we’re deep in discount territoryKey Levels (Must-Watch):
Resistance Zone: $66,920 – $68,543 (must break for any relief rally) Expected Wave 4 Low: $63,555 (confluence with prior swing lows) Less Bearish Invalidation:
Break & close above $68,540 Full Bullish Flip: Only above $71,800April Outlook:
Weakness likely continues into early April… but the first half of the month could deliver the next sustainable rally once this correction completes.
Watch the orange demand zone and the $63,555 support like a hawk. A clean higher low here flips the script. Until we invalidate $68,540, the path of least resistance stays lower.Who’s preparing for the Wave 4 low at $63.5k or already scaling into this demand zone?
Drop your target, bias, or entry plan below
👇$STO $NOM
#BTC #USNoKingsProtests #BTCETFFeeRace #BitcoinPrices #BitcoinElliottWave
+0.57% Daily (holding the demand zone but structure remains heavy)Technical Analysis Breakdown (Elliott Wave + Smart Money):Market under clear pressure Recent price action treated as Wave 4 correction — and it’s not finished yet Weekend bounce respected the demand zone but slammed into resistance BOS + CHOCH already confirmed → we’re deep in discount territoryKey Levels (Must-Watch):
Resistance Zone: $66,920 – $68,543 (must break for any relief rally) Expected Wave 4 Low: $63,555 (confluence with prior swing lows) Less Bearish Invalidation:
Break & close above $68,540 Full Bullish Flip: Only above $71,800April Outlook:
Weakness likely continues into early April… but the first half of the month could deliver the next sustainable rally once this correction completes.
Watch the orange demand zone and the $63,555 support like a hawk. A clean higher low here flips the script. Until we invalidate $68,540, the path of least resistance stays lower.Who’s preparing for the Wave 4 low at $63.5k or already scaling into this demand zone?
Drop your target, bias, or entry plan below
👇$STO $NOM
#BTC #USNoKingsProtests #BTCETFFeeRace #BitcoinPrices #BitcoinElliottWave
FXRonin - F0 SQUARE:
Thanks for the detailed technical breakdown on current market levels.
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