Total Quality
Score
If You Had Traded on This Analysis…
Pending

BTCUSDT
Entry
117,697.0000
2025-08-16
15:10 UTC
Target
142,373.0000
Fail
110,000.0000
Risk / Reward
1 : 3
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BTCUSDT
Pending

Body
This video provides a technical analysis of BTCUSD using Elliott Wave theory to predict future price movements. The price is potentially completing a wave B, and outlines a bearish forecast towards the 60s, with an alternative bullish view suggesting potential new levels between the base channel and an acceleration channel. The video highlights the potential for a drop to the 51000 level as the reset button. If Bitcoin has topped, time is reduced with each cycle, with targets before the end of the 4-year mark. The analysis suggests that maintaining position in the base channel is seen a bullish, but if the lower band is broken a price move to 66000 or 51000 could be seen. Bullish predictions are for reaching 142373, but notes that if the price hits 110000 this invalidate the bullish position. The presenter also highlighted a new high could be achieved.