#BTCUSDT Elliott Wave Analysis
The structure is speaking clearly. We just need to listen.
The structure is speaking clearly. We just need to listen.
Wave (iii) completed at the lows. The corrective bounce we've been tracking ran into the 0.382 at $67,146.78 and got rejected. Price pulled back, and touched the 0.618 at $65,328.40 and reversed.
Two Fibonacci levels. Two rejections. Both precise.
This is exactly how Wave 2 corrections behave. They test patience, grind higher, make you feel like the trend has changed. It hasn't. The bearish structure from the highs is still fully intact.
Map the structure. Respect the levels. Trust the count.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Elliott Wave analysis involves subjective interpretation. Always do your own research and manage your risk accordingly.
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