Disclaimer
(As I’m not fluent in English, this post has been translated using AI. Please understand that some expressions may be slightly off. Thank you!)
Please refer to the chart above.
I believe there’s one final wave left in the current structure.
To put it simply, Bitcoin is likely to face resistance around the red line and begin a decline.
Personally, I prefer to prepare for any final wicks or spikes before the real move starts.
If this last wave breaks the previous high, a move up to 113–116K is possible, with a lower-probability extension beyond that.
But that isn’t the main point. As the title says, Bitcoin seems more likely preparing for a drop.
Only if the price breaks above 116K, holds above the red resistance, and builds a strong base — then we could start considering additional upside.
Back to the main view:
Bitcoin is preparing for a correction.
We could either see:
A drop before completing the 5th wave (truncated wave), or
A full 5-wave structure followed by at least a 0.382 Fibonacci retracement.
Trading Plan
From the current price, I allow for about 6% upside (spot price).
Starting from now, I’ll scale into short positions gradually.
If you need a stop-loss level, 118K would be the first level to consider.
If you're more flexible and experienced in managing risk, you can allow for a move up to 120K.
🟩 Green Line: Possible target if Wave 5 completes
🟧 Orange Line: Possible target if Wave 5 fails (truncated)
I’ll try to provide more detailed analysis and trade-related updates over time.
I’m planning to stay consistent and do this properly from now on. 😊
(As I’m not fluent in English, this post has been translated using AI. Please understand that some expressions may be slightly off. Thank you!)
Please refer to the chart above.
I believe there’s one final wave left in the current structure.
To put it simply, Bitcoin is likely to face resistance around the red line and begin a decline.
Personally, I prefer to prepare for any final wicks or spikes before the real move starts.
If this last wave breaks the previous high, a move up to 113–116K is possible, with a lower-probability extension beyond that.
But that isn’t the main point. As the title says, Bitcoin seems more likely preparing for a drop.
Only if the price breaks above 116K, holds above the red resistance, and builds a strong base — then we could start considering additional upside.
Back to the main view:
Bitcoin is preparing for a correction.
We could either see:
A drop before completing the 5th wave (truncated wave), or
A full 5-wave structure followed by at least a 0.382 Fibonacci retracement.
Trading Plan
From the current price, I allow for about 6% upside (spot price).
Starting from now, I’ll scale into short positions gradually.
If you need a stop-loss level, 118K would be the first level to consider.
If you're more flexible and experienced in managing risk, you can allow for a move up to 120K.
🟩 Green Line: Possible target if Wave 5 completes
🟧 Orange Line: Possible target if Wave 5 fails (truncated)
I’ll try to provide more detailed analysis and trade-related updates over time.
I’m planning to stay consistent and do this properly from now on. 😊
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.