Technical analysis by EyeDoctor about Symbol BTC on 7/31/2025

In the Elliot Analysis I made about BTC I expect a harsh correction to 90k region I said the current structure had an Eed pattern in the 5th wave. BTC My Fibo Extension levels are as in the graph. Support with a red line is a 365 -day moving average. And working is the most powerful support zone. When we look at the Fibo graph, we see that the price exceeding 1.0 cannot remain strong. 86.5K, which has a level of 0.786 extension of the price in the hard correction I expect I expect him to come to 88.5k area with 365 dma. This pattern is also we see in Taurus Runs Shakeout is a Breakout scenario. And the price is usually increased from here to 1,618.