Technical analysis by CryptoNikkoid about Symbol BTC on 8/9/2025

BTC is still consolidating, as shown on the charts. The structure is shaping up like a classic Elliott Wave 1–2–3–4–5 pattern, with the 4th wave now in play. This could mean another retest of $110,500 before launching into the final, larger 5th wave 🚀. The 4th wave might present a solid long entry opportunity heading into the 5th. 📊 DYOR – trade safe.BTC is a the top of the range. If it breaks up the above $122k that would invalidate the ABCD wave, shooting and ABC directily to the sky! If my idea is confirmed we should have a pull back, otherwise, to the moon to another ATH