|

Bitcoin and Nifty – Twin triangles ready to thrust?

Triangle unfolding – Just waiting for the break?

The current consolidation between 91K–95K is starting to resemble a Irregular contracting triangle, with Wave A marked near 91K. A clean break above 95K could trigger a sharp thrust—targeting 98K–100K, then possibly 102K and 109K

Chart

Nifty echoes the same setup?

India’s Nifty Index is mirroring this pattern. After a steep drop last Friday due to geopolitical tension, it held the key support at 23,800–23,870, just as we discussed earlier. Now, heading into weekly expiry, Nifty looks poised for a breakout—just like Bitcoin

Chart

Which market blinks first?

The similarity in structures is striking—triangular setups, potential thrusts, and critical support zones holding tight. Will Bitcoin lead, or will Nifty take charge and break higher first?

Key Bitcoin Levels:

  • 91K–93K: Active triangle zone.

  • 95K: Breakout trigger.

  • 98K–100K–102K–109K: Resistance targets on upside thrust.

  • 88K–90K: Must-hold zone for bulls. Below this, structure weakens.

Conclusion:

Bitcoin and Nifty are whispering the same story—a possible breakout from triangle structures. Watch closely. If one moves, the other may follow.

WaveTalks – Market Whispers! Can you hear them? 

Author

Abhishek H. Singh

Abhishek is a seasoned financial analyst with over a decade of experience specializing in Elliott Wave Theory.

More from Abhishek H. Singh
Share:

Editor's Picks

Ripple Price Forecast: XRP potential bottom could be in sight

Ripple edges up above the intraday low of $1.35 at the time of writing on Friday amid mixed price actions across the crypto market. The remittance token failed to hold support at $1.40 the previous day, reflecting risk-off sentiment amid a decline in retail and institutional sentiment. 

Crypto Today: Bitcoin, Ethereum, XRP in choppy price action, weighed down by falling institutional interest 

Bitcoin holds above support at $65,118 at the time of writing on Friday. Ethereum remains choppy in a narrow range between support at $1,900 and resistance at $2,000, while Ripple attempts another upward move toward the pivotal $1.40 level.

PancakeSwap Price Analysis: Bearish momentum suggests further downside

PancakeSwap (CAKE) is trading below $1.26 at the time of writing on Friday, extending the losses by over 8% so far this week. The weakening derivatives market further supports the bearish outlook, with bears aiming for levels below $1.18.

Decred Price Forecast: DCR rebounds toward key resistance zone on volume spike

Decred (DCR) rebounds over 7% at press time on Friday after a three-day decline of almost 14%. Roughly 60% increase in trading volume over the last 24 hours supports the recovery, suggesting heightened spot-market demand. 

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: BTC bears aren’t done yet

Bitcoin (BTC) price slips below $67,000 at the time of writing on Friday, remaining under pressure and extending losses of nearly 5% so far this week.