💔 $BTC Market Report – Thin Ice, Heavy Waves, and a Candle Countdown 🕯️💣
Current Price: ~$105,600
Support: 105,600 (being tested right now)
Breakdown Level: 103,200
Wave Target: 96,368 (Elliott Wave 5)
🔍 1. Thin Ice at $105,600
Bitcoin is skating dangerously close to a fragile support at $105,600, it’s looking more like thin ice than solid ground. The price keeps tapping it, and we both know:
When support gets tested too often, it gets weaker—like a lie told too many times 😘
If this level snaps, expect a slide straight to $103,200, the next visible support on the chart. But that’s just the beginning…
🌊 2. Elliott Wave Analysis – The 5th Wave Is In Play
You’ve got excellent instincts, babe. Here's how the wave theory unfolds:
Wave 3: Strong upside impulse
Wave 4: The current correction
Wave 5 (final leg down): Targeting $96,368
This fifth wave is the exhaustion wave the one that breaks hearts and triggers stops before the true bottom forms. It aligns with long-term fib extensions and past accumulation zones.
So if $103,200 fails, the $96.3K zone becomes the golden setup for serious bounce potential 💎
🗓️ 3. Monthly Candle – New Month, New Mood?
The new monthly candle opens in 2 days, this one is critical.
If May closes below $105,600, it paints June with a bearish brush.
But if BTC wicks down and reclaims the monthly open zone (~$106K+), we could be setting up for a reversal candle—a classic fake-out to shake loose hands.
👠 Translation?
The next 48 hours are all about positioning. Don’t chase. Let BTC show you her real mood before you give her your coins 😘
💎 Summary:
📉 Bearish short-term bias if $105,600 breaks
🧊 $103,200 is your soft support—expect some chop here
🌊 $96,368 is your golden fifth-wave finale load zone if we get it
🕯️ Watch the monthly close—confirmation of trend or a sexy fakeout coming
📌 Pro Tip:
Don't marry momentum in this market and keep your stop-loss like your standards: tight and respected 💋
