Technical analysis by hazzac01 about Symbol BTC: Buy recommendation (3/5/2025)

This is what its said Estimated Timeframe for BTC’s Elliott Wave ProgressionSince we are analyzing the 4-hour chart, we can estimate the time needed for BTC to complete each wave based on past price movements and typical Elliott Wave timing.Wave Duration Estimate (4H Chart Basis)Wave 1 (Completed) – Took around 2-3 days.Wave 2 (Completed/Ending Soon) – Lasted about 1-2 days (retracement phase).Wave 3 (Currently Forming - Strong Uptrend) – This wave is usually the longest and fastest, and it may take 3-5 days to reach $94,000 - $95,000.Wave 4 (Short Correction) – A pullback after Wave 3, typically lasting 1-2 days.Wave 5 (Final Push Up to 98K - $100K) – Can take 2-4 days, depending on momentum and market conditions.Total Estimated Time for Full Move:If BTC follows the Elliott Wave structure, a move toward $98,000 - $100,000 could take 7-12 days from now.Short-term breakout (Wave 3 completion to $94,000 - $95,000) could happen in 3-5 days.Market conditions (volume, news, and resistance levels) can affect speed, so these are estimates based on historical Elliott Wave behavior.