Bitcoin appears to be completing Wave 4 and getting ready for the next bullish impulse (Wave 5).
The structure looks clean and follows classical Elliott Wave symmetry.
📊 Wave count:
Wave 1 → 107.2k → 117.8k
Wave 2 → retrace to 108.3k
Wave 3 → strong move to 126.4k
Wave 4 → correction into the 0.382 Fibonacci zone (~118.5k) → BUY ZONE
📈 Projected Wave 5 targets (Fibonacci extensions):
0.618 × Wave 1 → ~125k
1.0 × Wave 1 → ~129k
1.618 × Wave 1 → ~135k
💚 BUY ZONE: 118k–122k
📉 Invalidation: daily close below 117.8k
📍 Expectation: a strong bullish continuation soon — potential breakout toward 130–135k if momentum confirms.
⚡ “Wave 5 loading… the final impulse before correction.”
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