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$BTC : Possible Drop to $40K as Elliott Wave Cycle Completes $BTC may have just completed a 5-wave Elliott structure on the 1D timeframe. If confirmed, this could mark the end of Wave 1 in a broader macro cycle. 🔁 That would suggest the market is entering a corrective Wave 2, which historically retraces 50–70% of the previous impulse. 📉 Potential downside target: $40,000 – $45,000, based on Fibonacci levels. This isn’t the end — but a possible healthy correction in a larger bullish structure. Stay cautious and manage your risk accordingly. #Bitcoin #BTC #ElliottWave #CryptoAnalysis #BinanceSquare #TechnicalOutlook

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