Bitcoin (BTCUSD)

D1
The price is in the key zone. Whichever direction it breaks out of this zone, that’s likely the direction it will continue in.

Despite the recent sell-off in Bitcoin, the alternative count still leans bullish. There is a strong support zone around the 0.618 Fibonacci level at 76K, which continues to hold and supports the bullish outlook.

Bitcoin is consolidating around the 0.5 Fibonacci retracement level. If this area holds as a valid bottom, the next upside objective is projected at 82.2K. The overall market structure still favors the bulls, suggesting continued dominance, with the next price action likely to unfold in either a three-wave correction or a five-wave impulsive sequence.

Bitcoin appears to have dipped into the 0.618 level, with the structure becoming increasingly clear. If the market manages to hold this level, the bullish bias remains intact. The target has been adjusted to 81.4K based on the current swing low. However, this count will be invalidated if the price drops below the 73.5K level.

Price is behaving as you purported on your chart. currently 77750.
My only concern is that the market as a whole is not risk on at the moment. I am looking for a sell (based on price action) at the 78k area with a thought that this price action is a retest/backtest of the purple line.
Well done on your analysis

What a difference a few hours make in this trading world.
Crude oil gained massively and it looks like I will need to get the bike out instead of using the car
The stock market dumped (except the Nasdaq)
We probably will need to revisit the c wave up EW count for bitcoin as the b low has been taken out

Bitcoin has successfully broken below the 0.618 level (75.9K) for the second time. The 73.5K level remains unbroken, while the WXY wave structure continues to support a bullish outlook on Bitcoin. Based on the latest market conditions, the Wave C target has been revised to 80.7K.

breakout...

The outlook for Bitcoin is showing a fairly positive development, with TL1 successfully breaking out. The target remains at 80.7K.

Btc target is 82865 if we break the 4 hour high.

Going for a 1 hour retracement towards 0.5 after breaking the previous high of the 15 minute to than expand towards the upside possibly 83/84k.

?

See you guys at 70k..

whats the behaviour of btc?
can anyone explain me?
whats the next move of market bcz overthinking is killing me.