Technical analysis by arzdigitalistha about Symbol BTC: Buy recommendation (5/14/2025)

After crashing from its $69K peak (Nov 2021) to $15,476 (Nov 2022), Bitcoin has entered a bullish Elliott Wave structure, forming a classic 3-wave corrective pattern:🔹 Wave A: Rally to $73,777 (with internal abc structure)🔹 Wave B: Pullback to $49,000🔹 Wave C: Currently unfolding — with a potential target at $180KWithin Wave C:✅ Wave a: Pushed to $109K✅ Wave b: Corrected down to 73K✅ Wave c: Now beginning and approaching a key breakout point📌 The critical level? A daily candle close above $109KIf that happens, Bitcoin could enter its final impulsive leg toward $180K.All technical signs point toward a major move — the structure, volume, and price action are aligned for what could be a historic breakout.Bitcoin has broken above $109,300 with a daily close, confirming entry into a new bullish wave. The next potential target lies in the $180K range. Momentum favors further upside.