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Technical analysis by CW23 about Symbol BTC: Buy recommendation (5/12/2025)

https://sahmeto.com/message/3503888
CW23
CW23
Rank: 31418
1.0

Bitcoin long term Wave counts

Buy
Price at Publish Time:
$103,980.47
Profit Target:
(+4.73%)$108,898.32
Stop Loss Price:
(-29.43%)$73,377.99
Buy،Technical،CW23

Alt season is starting. Here is my prediction for bitcoins retracement thru its ABC waves using Elliot wave theory, also based on past cycles. I think bitcoin will bottom at around $37,000.

Source Message: TradingView
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