BTCUSD – 3 Possible Elliott Wave Scenarios 📊
Bitcoin is currently trading around a key area, and from the current structure I’m watching three possible scenarios on the daily timeframe.
Scenario One
This scenario suggests that BTC may still complete an ABC corrective structure.
In this case, price could push higher first, with a possible move toward the 90k area to complete wave (C), before resuming the broader bearish trend afterward.
Scenario Two
This scenario assumes BTC is forming a sideways corrective structure / triangle-like consolidation under resistance.
That means price may continue moving in a choppy range through waves (C), (D), and (E) before another downward move.
⚠️ Scenario Two is invalidated if price hits or breaks above 82,886.72.
Scenario Three
This is the more bullish alternative.
Here, the previous corrective structure may already be complete, and BTC could start a new abc recovery from the current zone.
If this scenario plays out, we could see a broader continuation to the upside after a temporary pullback in wave b, followed by a stronger move higher in wave c.
Conclusion
For now, BTC is at an important decision zone, and price action around resistance and support will help confirm which scenario is more likely to develop.
I’ll be watching closely to see whether the market chooses a temporary recovery, a sideways correction, or a stronger bullish continuation.
📌 Invalidation to watch:
Scenario 2 becomes invalid above 82,886.72.
This is my personal Elliott Wave analysis and not financial advice. Always do your own research.$BTC
#BTC走势分析 #bitcoin #TrendingTopic #BinanceSquareTalks
Bitcoin is currently trading around a key area, and from the current structure I’m watching three possible scenarios on the daily timeframe.
Scenario One
This scenario suggests that BTC may still complete an ABC corrective structure.
In this case, price could push higher first, with a possible move toward the 90k area to complete wave (C), before resuming the broader bearish trend afterward.
Scenario Two
This scenario assumes BTC is forming a sideways corrective structure / triangle-like consolidation under resistance.
That means price may continue moving in a choppy range through waves (C), (D), and (E) before another downward move.
⚠️ Scenario Two is invalidated if price hits or breaks above 82,886.72.
Scenario Three
This is the more bullish alternative.
Here, the previous corrective structure may already be complete, and BTC could start a new abc recovery from the current zone.
If this scenario plays out, we could see a broader continuation to the upside after a temporary pullback in wave b, followed by a stronger move higher in wave c.
Conclusion
For now, BTC is at an important decision zone, and price action around resistance and support will help confirm which scenario is more likely to develop.
I’ll be watching closely to see whether the market chooses a temporary recovery, a sideways correction, or a stronger bullish continuation.
📌 Invalidation to watch:
Scenario 2 becomes invalid above 82,886.72.
This is my personal Elliott Wave analysis and not financial advice. Always do your own research.$BTC
#BTC走势分析 #bitcoin #TrendingTopic #BinanceSquareTalks
