BTC Elliott wave analysis 5/23/2025

23 May

For me , I think that the BTC price is on the way to their target price around 128,000-133,000 that we derive from Gann fann resistance.The wave structure suggest us that the impulse that create new high is just the beginning. The invalidate point is the point below wave 2 (around 101,000).

1 Haz

İşlem aktif

I think the wave count have change a bit , at the new high we only got the wave 3 , so the invalidate point is the point below wave 2 is around 84,000 and the coming down is just the wave 4 that waiting to go up in wave 5