Technical analysis by LogWuCappital about Symbol BTC: Buy recommendation (8/24/2025)

Analysis of Bitcoin using the Elliott 5-wave decline model shows that the market is likely in the transition from wave (iv) to the final wave (v). Once wave (v) is completed, the price may rebound with a major corrective phase (ABC) back toward the upper channel. Fibonacci levels, RSI, and the price channel all support this scenario.