🔹 BTC – Elliott Wave Analysis
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📍 Current Technical Situation:
• The price is trying to rebound from yesterday's low.
• Despite the positive movement, there is still doubt that the rise is the beginning of a strong impulsive move.
• Potential positive scenario: Formation of a bullish 1-2 / 1-2 pattern.
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🧭 Important Levels:
• 🔼 Breaking above $114,400 = strengthens the likelihood of a bullish 1-2-1-2 pattern ➕
• 🔽 Breaking below yesterday's low = opens the door for a deeper decline towards
• $110,400
• $108,700
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📌 Summary:
• The bullish scenario needs confirmation by breaking $114,400.
• Any drop below yesterday's low will be a confirmed negative signal.
• We are waiting for a clear signal before making an entry decision
