📈 BTC/USD Weekly Elliott Wave Outlook
🗓️ Chart Published: May 5, 2025
💰 Current Price: $94,359
🚨 Wave 3 Has Begun — Long-Term Bullish Outlook
According to the Elliott Wave count on this weekly chart:
1️⃣ Wave 1 (2023–2024) is complete.
2️⃣ Wave 2 (a deep correction) successfully held support at the channel base.
3️⃣ Wave 3 is now unfolding and could reach between $235K and $288K — potentially a +215% rally from the current price.
4️⃣ Wave 4 correction expected in the $175K–$200K zone around 2029.
5️⃣ Wave 5 could take BTC beyond $300K+ in early 2030s.
📊 This is a macro impulse structure, where Wave 3 is historically the strongest. Price is trending well within the long-term ascending channel, giving confidence in a multi-year bull trend.
📍 Key Levels to Watch:
Wave 3 targets: $235,000–$288,000
Wave 4 correction zone: $175,000–$200,000
Final wave 5: To be projected post-Wave 4
📚 "Patience is profit." We're early in Wave 3 — the biggest opportunity for high R:R setups.
📎 #Bitcoin #ElliottWave #BTCUSD #CryptoForecast #TechnicalAnalysis #Wave3 #MacroTrend #BTCto250K #CryptoBullRun #TradingView #BTC2030
🗓️ Chart Published: May 5, 2025
💰 Current Price: $94,359
🚨 Wave 3 Has Begun — Long-Term Bullish Outlook
According to the Elliott Wave count on this weekly chart:
1️⃣ Wave 1 (2023–2024) is complete.
2️⃣ Wave 2 (a deep correction) successfully held support at the channel base.
3️⃣ Wave 3 is now unfolding and could reach between $235K and $288K — potentially a +215% rally from the current price.
4️⃣ Wave 4 correction expected in the $175K–$200K zone around 2029.
5️⃣ Wave 5 could take BTC beyond $300K+ in early 2030s.
📊 This is a macro impulse structure, where Wave 3 is historically the strongest. Price is trending well within the long-term ascending channel, giving confidence in a multi-year bull trend.
📍 Key Levels to Watch:
Wave 3 targets: $235,000–$288,000
Wave 4 correction zone: $175,000–$200,000
Final wave 5: To be projected post-Wave 4
📚 "Patience is profit." We're early in Wave 3 — the biggest opportunity for high R:R setups.
📎 #Bitcoin #ElliottWave #BTCUSD #CryptoForecast #TechnicalAnalysis #Wave3 #MacroTrend #BTCto250K #CryptoBullRun #TradingView #BTC2030
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.