Bitcoin 30-Min Chart | 2 Scenarios & 55K Target

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Издатель
In this video I break down the latest Bitcoin price action and assess whether we have entered the next decline in a larger degree third wave. I analyze the critical support and resistance levels to watch as Bitcoin struggles below the 60K mark and remains within a broader bear market structure.

I explore the Elliott Wave implications for current market behavior, detailing why rallies remain corrective and how to navigate the ongoing volatility. By examining both high timeframe trends and 30-minute micro-structure, I provide a clear outlook on the primary scenarios shaping the path toward key support levels like 55K and 39K.

This analysis covers the current bear market narrative, the role of macro indicators like the DXY, and the importance of monitoring specific resistance zones to distinguish between continuation patterns and potential relief bounces. Stay tuned for a deeper look at how to manage risk in a trending move to the downside.

Timestamps:
0:00 - Bitcoin trend analysis
1:49 - Bear market outlook
4:12 - Small timeframe update
6:19 - Key support levels


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