Technical analysis by Mails_08 about Symbol BTC on 3/7/2025
https://sahmeto.com/message/3341660

Mails_08
Rank: 1100
Analytical Power:
2.6

Bitcoin (BTC) has completed a clear five-wave uptrend, followed by an ongoing corrective five-wave decline. The fourth wave appears to be completed, and a final leg down to the $82,500 range is is on the horizon and likely to complete the correction.Despite this, I’m taking a bullish stance today. With the NFP data release and the Crypto Summit expected to influence market sentiment, Bitcoin could rally higher than anticipated—potentially reaching $102K and beyond.Good luck! Don't forget to LIKE and SHARE 🙏 BTCUSDT
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Signal Type: Neutral
Time Frame:
1 hourPrice at Publish Time:
$88,411.62