📉 #BTC $BTC Caution – Possible Wave 4 Correction Ahead 🔍

Before going all-in on the fifth Elliott wave, here’s what you must understand:

🌀 Bitcoin is currently inside the 4th corrective wave, and there’s a real possibility of a downward move before Wave 5 takes off.

📐 According to Fibonacci structure & Elliott theory, corrections in Wave 4 can typically go:

• 🔻 -20%

• 🔻 -30%

• 🔻 Even -50% to -60% in rare cases (relative to Wave 3)

🎯 Key possible pullback levels:

• 🔴 $105,000 (red zone, marked in blue on my chart)

• 🟡 $101,000 (yellow zone, also marked in blue)

These are the zones where price could land before resuming upward into Wave 5, so entering a long position right now may carry unnecessary risk.

✅ Be patient

✅ Watch key Fibonacci zones

✅ Always consider the full wave cycle

🔍 Do Your Own Research.

I provide high-probability setups, but risk management is 🔑.

#Bitcoin #BTCUSDT #CryptoCorrection #ElliottWave #TechnicalAnalysis #Wave4 #DYOR #CryptoRisk #BinanceSquare