Technical analysis by Maddox_Metrics about Symbol BTC on 6/23/2025

BTC local analysis hasn't changed in a few weeks.Price printed another text book Elliot motif wave, with the wave 4 triangle terminal pattern ending in the usual thrust up with a poke above all time high.Price is also printing a textbook ABC for wave 2 with 5 waves down for A, 3 waves up for B and a strong wave C down to finish. Wave C's are always the strongest.Pattern suggests price has one more push lower to complete this corrective wave tapping the quadruple support: S1 daily pivot, ascending daily 200EMA, major support High Volume Node (HVN) and 0.5 Fibonacci retracement at 92-94k range.Most investors are publicly calling for buys in this area so price may be front run by the whales! The consensus often do not get what they want.Safe trading