BTC/USD Elliott Wave Analysis
Bitcoin is the first and largest cryptocurrency by market cap. It has established itself as a macro asset class influenced by monetary policy, institutional adoption, and the 4-year halving cycle.
Bitcoin forms extended impulse waves during bull markets with Wave 3 extensions frequently reaching 261.8% or higher. The 4-year halving cycle aligns remarkably well with Elliott Wave degree theory. Corrections can retrace 50%-78.6% of the preceding impulse.
Key levels defined by halving cycle highs and lows. Current cycle key levels at $40,000, $60,000, $80,000, $100,000.
Bitcoin wave analysis is most reliable on the weekly and daily charts. The halving cycle provides a natural impulse-correction rhythm that aligns with the 5-3 wave structure.
H4 Wave Count
4-hour timeframe for precise entry timing
Daily Wave Count
Primary trading timeframe structure
Weekly Wave Count
Macro context and trend direction
Fibonacci Targets
Precise price targets from wave structure
Invalidation Levels
Exact price where the count is wrong
Alternative Scenario
What happens if the primary count fails
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