Technical analysis by googooboyy about Symbol BTC: Buy recommendation (7/26/2025)

This is not financial advice. In my previous post, I suggested that Minor Wave 4 could go all the way down to 0.618 fib: However, after doing a deeper dive into the long squeeze in the last day and looking at its recovery, I think BTC has completed its corrective Minor Wave 4. This means that we're looking up towards an impulsive Minor Wave 5. If Minor Wave 5 completes, in my bullish main Elliot Wave count, we would get a full picture for Intermediate Wave 1. We would then be able to expect an Intermediate Wave 2 correction. However, while Wave 2 usually corrects 0.618 fib, this time round, BTC has shown inclination and strength to correct between 0.236 and 0.328 levels. And then we will be making that Impulsive Wave 3 up. That will be bonkers.