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

Mails_08
Rank: 34494
Analytical Power:
1.0
Bitcoin Trend Analysis Ahead of NFP Data and Crypto Summit
:Neutral
Price at Publish Time:
$88,411.62

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
Source Message: TradingView