Technical analysis by Greenfireforex about Symbol BTC: Buy recommendation (7/5/2025)

“BTCUSD is Setting Up for a Powerful Wave 5 Rally! 🚀 | Elliott Wave + SMC Analysis”---📊 Optimized :> 📈 Bitcoin (BTCUSD) 4H Elliott Wave ForecastBTC is currently forming a classic Elliott Wave 5 setup after completing a clean 1-2-3-4 sequence, supported by strong Smart Money Concepts (SMC) zones!We’re now at a critical decision point — will bulls push to 111,682 or will price revisit the Fair Value Gap (FVG) near 99,640 for re-accumulation?This chart outlines two potential bullish paths after retracement and the complete ABC correction possibility.---🧠 Key Technical Confluences:✅ Wave 1 to 5 structure forming cleanly💸 Strong Buyer Zone (FVG) at $99,640🔁 Correction zone marked for Wave A-B-C retracement🟢 Premium breakout target: 111,682🔴 Support zones: 106,095 and 99,640---🚀 My Outlook:If BTC holds above 106K, we may see a sharp continuation to 111K+ as part of Wave 5.But if smart money needs deeper liquidity, we’ll likely revisit the discount FVG before a major push up.---🔍 Tags#BTCUSD #BitcoinAnalysis #ElliottWave #SmartMoney #FVG #Wave5 #BTCForecast #CryptoTrading