BTCUSD is bearish since the price reached new ATH but only with three waves so ideally that was big wave B as part of a big flat or a triangle formation, with more weakness in view in the near future as rally from 43400 unfolded in three waves. A broken trendline will be another confirmation of further weakness.
Bitcoin 4h Elliott Wave analysis
Looking into Litecoin, Lower lows and lower highs is a nice and strong bearish trend that recently slowed down at 126.40 area. We see that as a corrective price action within downtrend, ideally a triangle in wave four so we should be aware of more weakness, maybe already from here after a minor drop below the triangle line. Downward projection is around 100.
Litecoin Elliott Wave analysis
Check more of our analysis for currencies and cryptos in members-only area. Visit Wavetraders for details!
By using Wavetraders website, any services, products, and content contained here, you agree that use of our service is entirely at your own risk. You understand that there is a very high degree of risk involved in trading on the markets. We assume no responsibility or liability for your trading and investment results. The charts, and all articles published on www.wavetraders.com are provided for informational and educational purposes only!
By using the information and services of www.ew-forecast.com you assume full responsibility for any and all gains and losses, financial, emotional or otherwise, experienced, suffered or incurred by you.
Recommended Content
Editors’ Picks
Bitcoin edges below $84,000 as US Crypto Strategic Reserve hype fades
Bitcoin price extends its decline on Tuesday and erases its weekend gains. US President Trump’s announcement of the Crypto Strategic Reserve was turned into a short-term “buy the rumor, sell the news” event.
Cryptomarket falls as US Crypto Strategic Reserve hype fizzles into classic ‘buy the rumor, sell the news’
Bitcoin, Ethereum, Solana, Ripple and Cardano continue their declines for the second consecutive day after their recent upsurge on Sunday.
Pepe Price Forecast: PEPE bears target double-digit drop amid market weakness
Pepe price is extending its decline on Tuesday after falling more than 18% the previous day. On-chain data shows that PEPE’s daily active addresses and trading volume are falling, indicating a bearish picture.
Solana memecoins in red: Popcat and Dogwifhat shed $140M as TRUMP’s token tumbles 80% from all-time high
Solana memecoin sector valuation declined by $2 billion in 24 hours to hit $8.1 billion in early Asian trading on Tuesday. Technical indicators highlight key levels to watch as Popcat, Dogwifhat and Trump (TRUMP) emerge as the top losers.
Bitcoin: BTC bloodbath continues, near 30% down from its ATH
Bitcoin (BTC) price extends its decline and trades below $80,000 at the time of writing on Friday, falling over 15% so far this week. This price correction wiped $660 billion of market capitalization from the overall crypto market and saw $3.68 billion in total liquidations this week.
The Best brokers to trade EUR/USD
SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you're a beginner or an expert, find the right partner to navigate the dynamic Forex market.