Technical analysis by Mahdikkm about Symbol BTC on 5/29/2025
https://sahmeto.com/message/3563119

Mahdikkm
Rank: 15613
Analytical Power:
1.4
A look at monthly Chart of BTC
:Neutral
Price at Publish Time:
$106,143.79

If we count Elliot Wave at weekly or monthly, we see we are at the ABC Correction of the Primary Impulsive wave, that the ABC might create an Irregular or Expanded Flat. I think the chart is going to create a C wave of the ABC Primary wave, and those numbers might be a target, but according to Fibbonaci Levels, 0.618, which is 40,000. Other targets can also be seen on the chart.
Source Message: TradingView