Technical analysis by MarketIntel about Symbol BTC on 6/17/2025

Under our primary scenario, Bitcoin remains on track to climb into the upper blue Target Zone between $117,553 and $130,891 during green wave B. The key question at this stage: will the crypto giant head straight for the zone – or take a detour below the $100,000 level first? Either path remains structurally consistent with the broader outlook. Once wave B concludes, we expect a pullback to unfold in wave C, with the low of that move – and the bottom of orange wave a – anticipated in the lower blue Target Zone between $62,395 and $51,323. From there, orange wave b should initiate a corrective rally, likely rebounding toward the $100,000 mark. This would set the stage for the final leg down in blue wave (ii). Meanwhile, our alternative scenario remains intact on the 8-hour chart. This 30% likely scenario suggests Bitcoin is still advancing within blue wave alt.(i), rather than correcting in wave (ii). A confirmed breakout above $130,891 would validate this outcome.📈 Over 190 precise analyses, clear entry points, and defined Target Zones - that's what we do.