BTCUSD is still evolving inside a W-X-Y-X-Z complex corrective structure which is typical after a strong bullish leg this formation indicates that the market is still correcting but without showing any signs of a deeper bearish reversal
Based on my analysis Bitcoin seems to be targeting the $72,500 level which aligns with
A major liquidity zone
A relevant harmonic extension
The probable completion area for wave Z
A historically significant dynamic support zone
If price reaches this level and reacts with clean bullish signals rejection, divergence, momentum recovery this could mark the end of the corrective pattern and trigger a new bullish impulse
As long as BTC stays above major support levels the mid-term bullish structure remains intact.
I am closely watching the $72,500 zone as the key level where the correction might end and upside continuation could begin
Based on my analysis Bitcoin seems to be targeting the $72,500 level which aligns with
A major liquidity zone
A relevant harmonic extension
The probable completion area for wave Z
A historically significant dynamic support zone
If price reaches this level and reacts with clean bullish signals rejection, divergence, momentum recovery this could mark the end of the corrective pattern and trigger a new bullish impulse
As long as BTC stays above major support levels the mid-term bullish structure remains intact.
I am closely watching the $72,500 zone as the key level where the correction might end and upside continuation could begin
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RETROUVEZ TOUS MES SIGNAUX GRATUITEMENT SUR TELEGRAM SNIPERSTN FOR THE WIN 🚀📲 📈 REJOINDRE LE MEILLEUR CANAL TELEGRAM TRADING :
🔗 t.me/sniperstn
🔗 t.me/sniperstn
🔗 t.me/sniperstn
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.