Technical analysis by capableBook79175 about Symbol BTC: Sell recommendation (1/28/2025)

Bitcoin’s price structure, analyzed using Elliott Wave Theory and Fibonacci (Price and Time) analysis, suggests we are nearing the end of **wave B of wave 4**, setting the stage for wave C and wave 5. I predict that **wave C of wave 4** will complete between **February 15th and March 8th**, with a target price of **$89,000 to $92,000**. Following this, the impulsive **wave 5** is expected to push Bitcoin’s price to **$112,000 to $122,000** between **March 21st and April 11th**. These targets are derived from Fibonacci retracements, extensions, and time cycles, offering strong technical confluence.