$BTC : Is Wave ((5)) Already Underway?

If the correction has played out (with price dipping to ~$93K) and we’re now back at $97,100, then according to Elliott Wave theory — Wave ((5)) has likely begun.

Wave structure so far:

• Wave ((3)) ended around $97K

• Wave ((4)) corrected to ~$93K (confirmed on structure)

• BTC has returned to $97,100 — we may now be in Wave ((5)), with subwaves 1–2 completed

Current technical signals (4H):

• RSI: ~63 — room to expand

• EMA200: ~$93,500 — solid support

• MACD: turning bullish, crossing up

• Volume: moderate but steady

Trade setup (if breakout confirms):

• Entry: $97,800–$97,900 (on 4H close + volume breakout above trendline)

• Stop-loss: $95,800 (under EMA and Wave ((5)) base)

• TP1: $100,000

• TP2: $104,800–105,300

• Leverage: 10–20x (if appropriate for your risk profile)

Important:

Enter only if momentum confirms a clean breakout of the yellow trendline (above $97K).

If price reverses from here and breaks below $96K — it could’ve been Wave B of a complex Wave 4, sending us back into accumulation.

Looks like it’s starting.