Following repeated community requests, we’re updating our Bitcoin macro-outlook, which remains structurally aligned with our previously published projection (BTC Dips into Major Demand Zone)
a chart that precisely captured the major demand zone reaction and subsequent bullish impulse.
The newly updated chart illustrates a strong impulsive wave structure, supported by a well-defined corrective wave count, completing at the prior immediate demand zone (85K–89K).
From this base, price action has resumed within a clearly impulsive structure, suggesting the possibility of an extended bullish fifth wave, potentially evolving into an ending diagonal pattern.
🔹 Immediate Focus:
85K–89K zone is acting as a local support and re-accumulation area (immediate demand).
102K resistance is a pivotal structural barrier. A confirmed breakout from this level will reinforce bullish continuation.
🔹 Pattern Target:
A potential AB=CD completion and Wave 5 termination zone are aligned between 147K–154K, with Fibonacci projections and channel symmetry suggesting further upside extension to 160K–170K under euphoric conditions.
With momentum building in alignment with the long-term bullish cycle structure. We should watch for retracement entries near demand levels, with invalidations below 73K.
Trade at your own Risk 👍
Best Regards, Trade Cryptocurrency
Stay Tuned for Further Updates.
