Technical analysis by Maddox_Metrics about Symbol BTC on 6/18/2025

☕ 𝙂𝙈. BTC macro analysis update...📈 𝙇𝙤𝙣𝙜 𝙩𝙚𝙧𝙢 outlook remains unchanged and recent price action is barely a blip on the weekly chart. SD+2 target is still $211k as a blow off top.📉 𝙎𝙝𝙤𝙧𝙩 𝙩𝙚𝙧𝙢 outlook has investors looking lower towards the $92K target but this isn't guaranteed to be reached and price action may front those who wait.War escalation's and retail selling are keeping price suppressed as price changes hands to private companies and large wallets.The time for patience continues. Money is made in the sitting, weathering volatility, not flipping in and out of trades on every bit of news and price movement𝙏𝙚𝙘𝙝𝙣𝙞𝙘𝙖𝙡 𝘼𝙣𝙖𝙡𝙮𝙨𝙞𝙨Price is consolidating under all time high resistance. Consolidation under resistance has high probability of breaking out, the longer it remains the higher the probability.Elliot Wave (EW) analysis suggests a motif wave ended with the poke above all time high (per the EW rules), with a wave 2 retracement underway. Price remains above the daily pivot (bullish) but below the DEMA (bearish). A triangle could still be forming but this is not my preferred EW count.Safe trading