$BTC ♦️ Elliott Wave Outlook (Personal Take)❗
This isn’t my favorite setup, but I’ve put serious time into mapping it out.
If #Bitcoin can’t break and hold a high time frame (HTF) close above $105,000, I’m anticipating a potential drop toward $50,000, according to Elliott Wave theory.
Right now, it looks like we’re in an ABC correction phase.
If the B wave is accurate, the C wave might dive well below Wave 4.
⚠️ Don’t trade this blindly — but keep this scenario in mind when building your strategy.
Trade smart. Stay safe out there!
RT & drop a comment if this Elliott Wave view resonates.
