$BTC

📊 Bitcoin (BTC) Analysis According to Elliott Waves

• 👀 It seems that the corrective wave B has started to form.

• 🔄 There is also a possibility that what we are seeing is just an ascending 1-2 pattern, as long as the price stays above $112,914.

• ⏳ In the coming periods, we need to monitor the shape of the decline:

• If it is 3 waves ➡️ it supports the current roadmap for an ascending wave afterwards.

• If it expands further ➡️ we will reassess.

🚀 The overall trend is still upward, but we need to watch carefully how this correction will develop.