📌 Bitcoin (BTC/USD) Weekly Elliott Wave Analysis

Current Trend: Bitcoin is in Wave 4 correction, testing key support on the ascending trendline.

Next Move: If support holds, BTC could rally into Wave 5, targeting 120K - 130K.

Post-Wave 5: A major correction could follow, potentially dropping BTC to 40K - 50K.

Key Levels:

Support: ~80K - 86K (must hold for bullish continuation).
Resistance: ~120K - 130K (potential Wave 5 target).

Trading Plan:

✅ Look for bullish confirmation near support for a long setup.
❌ Break below support could invalidate the bullish structure.

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