Is the Bitcoin Correction Over? Key Levels to Watch

In this video I break down the latest Bitcoin price action and define the levels that determine whether the current bounce is a local reversal or a continuation of a larger bear market. I analyze the BTC market structure using Elliott Wave theory to identify key support and resistance zones while highlighting how current price moves align with liquidation heatmaps.

I explore two primary bullish scenarios for the short term and clarify the specific price levels that would trigger a move toward the 69K to 72K resistance cluster. You will learn why context on the daily timeframe is essential for navigating smaller timeframe volatility and how to spot potential invalidation points for your trading strategy.

Whether you are monitoring Bitcoin for a potential recovery or managing risk in a volatile market, this analysis provides clear technical levels, including support targets and the resistance barriers that matter most. I cover the essential setups for traders looking to understand the current BTC market phase and the implications for the broader crypto landscape.

Timestamps:
0:00 – Bitcoin Daily Context
1:15 – Wave 2 Analysis
1:52 – Resistance Clusters
4:32 – 30 Minute Microstructure
6:00 – Liquidation Heatmap
8:09 – Bullish Scenarios
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