$BTC Elliott Wave Update – Wave 5 in Play! 💰
#Bitcoin has completed Waves (1) to (4) and is now pushing into the final leg of this impulse move — Wave (5) 👇
🎯 Wave 5 Targets
– 1.0 Fib Extension → $121,084
– 1.618 Fib Extension → $122,359
Key Insights
• Wave (4) held support near $118,400
• No signs of weakness yet — bullish momentum intact
• Watch for short-term resistance near $121K
• Breakout above $121K could ignite a strong move to $122.3K+
If price breaks below $118,400, the wave count is invalid — caution advised!
📌 We're tracking this live. If $121K gets cleared with volume, expect potential scalp entries towards the 1.618 extension zone!