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Is a Major Bitcoin Decline Coming Soon?

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In this video I break down the latest Bitcoin price action to determine if the current range is a setup for a deeper breakdown or a temporary pause. I examine the daily and shorter timeframes using Elliott Wave analysis to identify whether the market is forming a corrective rally or preparing for a fresh decline. By looking at current resistance zones and support levels, I explain how these patterns inform my outlook for the coming sessions.

This analysis focuses on interpreting market structure, specifically distinguishing between impulse moves and corrective cycles. I discuss key Fibonacci levels and critical price points that act as indicators for potential trend reversals or continuations. Whether you are tracking the 1-2 setup or watching for a break above resistance, this video provides a technical roadmap of the current Bitcoin market landscape.

Timestamps:
0:00 – Market Range Analysis
1:05 – Elliott Wave Outlook
3:05 – Daily Resistance Levels
4:46 – Short Term Structure
6:38 – Key Pivot Points
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⚠️ Disclaimer
The content provided on this channel is for informational and educational purposes only. It does not constitute financial advice, an offer or solicitation to buy or sell any financial instruments, or a financial service under applicable laws.
All analyses and opinions expressed are strictly personal views. You are solely responsible for your own investment decisions and act at your own risk. Always consider your individual risk profile and, if necessary, consult with an independent financial advisor.
Some of the links provided in this description may be affiliate links. If you choose to use them, MCO Global may receive a commission – at no additional cost to you. Thank you for supporting the channel.

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