$BTC

BTC Macro Structure Update – Elliott Wave View + Geopolitical Context

✅️Bitcoin is currently in a corrective wave (ii) after completing wave (i) from the macro wave 5, based on the Elliott Wave count.

📉 Price dipped to ~$102,600 amid Iran-Israel tensions, but rebounded to $106K, failing to hold that breakout. Now trading near $105K, BTC remains in a fragile structure.

📍 Key support zone: $100K–$101K

⚠️ If broken, BTC could visit the $88K–$93K demand area (0.618–0.786 Fib retracement), marking the bottom of wave (ii).