Technical analysis by behdark about Symbol BTC on 8/16/2025

behdark

This analysis is an update of the analysis you see in the "Related publications" section We identified an **ABCDE structure** in the previous analysis. Currently, the structure remains the same, with only wave **E** appearing to be completed. The price moved close to the **first target** from the previous analysis but was rejected. This rejection seems to mark the beginning of a new bearish wave. Now, it is expected that either from this point or after a slight upward pullback, the price will enter a correction for **wave D** or another bearish wave. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You