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Bitcoin: The 75k miracle – Did you catch Bitcoin’s block hole bounce?

The Bitcoin move from 88K to 74,415 wasn’t just another fall—it was a textbook Elliott Wave thrust that unfolded exactly as predicted. In our 19th March 2025 update, we highlighted a Triangle pattern for Wave-4 inside the ending diagonal (wedge) of Wave-C.

The structure moved in near-perfect order—completing Wave-C, D, and E, before slipping hard toward the 75K zone, a level clearly mapped as part of our Wave-5 downside target.

But here’s where it gets even more thrilling...

Just like a perfect block hole delivery in cricket, this bearish move hit right on target, clearing the stumps—and setting up a sharp bullish reversal from the very same zone.

26th March 2025 

5th April 2025 - Wave C, Wave-D completed & Wave-E is about to complete


Did you catch the thrust? Or are you late to the bounce?

The downside idea:

  • ✔️ Break below 81K → ✅ Check
  • Target close to 75K → ✅ Check
  • Precise low at 74,415 → ✅ Spot on

Now, the bullish structure is developing right from that block hole reversal zone. 

7th April 2025 - 00:46 hrs ...Downside thrust started as discussed last month in 19th March 2025 idea 



 

7th April 2025 - 22:06 hrs (Recent snapshot) - Bounce started from 74-75K zone 

Trading strategy – What’s next?

1. Key bullish trigger zones

  • ⚡ Above 75K, structure remains bullish
  • 83K–84K: First resistance
  • Breakout above 85K → leads to bounce toward 88K
  • Above 88K–90K → doors open for 99K
  • Above 99K → All-Time High retest at 109K (where the wedge started)

2. Bearish caution

  • If Bitcoin breaks below 75K again, all bullish bets are off
  • ⚠️ Could invite another panic drop, especially if global events align like the Trump tariff-led panic that synced perfectly with the recent thrust

Why this move was so special

  • 3 legs ( Wave-C, Wave-D & Wave-E within the proposed triangle completed back-to-back in the wedge structure) & Final Thrust Downside below 81K which was key support level.
  • Both bearish and bullish setups played out flawlessly
  • Timing matched global macro panic—showing the power of Elliott Wave when combined with sentiment

Conclusion: Wavetalks caught it all — Did you?

From calling the Triangle pattern, predicting the 74K–75K block hole, and now this emerging bullish structure —

WaveTalks didn’t just whisper... it roared. More big moves coming your way.

Author

Abhishek H. Singh

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

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