$BTC Elliott Wave Update ā Wave 5 in Play! š°
#Bitcoin has completed Waves (1) to (4) and is now pushing into the final leg of this impulse move ā Wave (5) š
šÆ Wave 5 Targets
ā 1.0 Fib Extension ā $121,084
ā 1.618 Fib Extension ā $122,359
Key Insights
⢠Wave (4) held support near $118,400
⢠No signs of weakness yet ā 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 ā caution advised!
š We're tracking this live. If $121K gets cleared with volume, expect potential scalp entries towards the 1.618 extension zone!