Bitcoin / TetherUS

BITCOIN - Price Action Update - Have We Seen The End of Wave E..

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Bitcoin appears to be encountering resistance on several fronts: recent highs, the 200-day moving average, and the extended length now required for Wave (C) to complete the larger Wave B Zig-Zag pattern.

A break below the 87,000 level would likely signal the completion of Wave E. Price action remains choppy at the highs due to ongoing uncertainty, but I expect this to resolve soon.

The downside target sits at a minimum of 74,517 to complete the broader Wave B Zig-Zag.

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