Technical analysis by M_Gheysvandi about Symbol BTC: Buy recommendation (4/16/2025)

Hello friends On the Bitcoin chart, we see the formation of a complete Elliott wave pattern. These waves from 1 to 3 or C are quite clear and we can even count its sub-waves. Now a 3-wave ABC has formed. We cannot be exactly sure that this is a complete zigzag because wave C can be extended and the price will fall further. But we consider it wave 4 assuming that this zigzag is completed. So we will wait for the formation of an upward wave in the form of wave 5. The target is first $86,500 and then $88,000. Good luck and be profitable.Good luck and be profitable.