Bitcoin Trading and News Today: Elliott Wave & Trading Levels Strategies.
Crypto Overview: No changes - still edging higher into Elliott Wave iv) corrective rally. As long as it stays above 35,000 then the rally will continue.
However the 35,000 as the tested resistance then expect a move to 30,000.
Bitcoin Elliott Wave: Wave iii of (c) of iv) of C of (4).
As with any investment opportunity there is a risk of making losses on investments that Trading Lounge expresses opinions on.
Historical results are no guarantee of future returns. Some investments are inherently riskier than others. At worst, you could lose your entire investment. TradingLounge™ uses a range of technical analysis tools, software and basic fundamental analysis as well as economic forecasts aimed at minimizing the potential for loss.
The advice we provide through our TradingLounge™ websites and our TradingLounge™ Membership has been prepared without considering your objectives, financial situation or needs. Reliance on such advice, information or data is at your own risk. The decision to trade and the method of trading is for you alone to decide. This information is of a general nature only, so you should, before acting upon any of the information or advice provided by us, consider the appropriateness of the advice considering your own objectives, financial situation or needs. Therefore, you should consult your financial advisor or accountant to determine whether trading in securities and derivatives products is appropriate for you considering your financial circumstances.
Recommended Content
Editors’ Picks
Cardano Price Forecast: Sign of robust bullish reversal emerges despite dwindling DeFi TVL volume
Cardano rebounds to test resistance at $0.69 as technical indicator flashes a buy signal. A minor increase in the derivative Open Interest to $831 million suggests growing trader interest in ADA.
Crypto Today: Bitcoin's downside risks escalate as BTC spot ETF outflows extend
The cryptocurrency market is consolidating losses after starting the week amid high volatility. Bitcoin attempted to steady the uptrend above $106,000 but lost steam, resulting in a reversal to $105,204 at the time of writing on Tuesday.
Bitcoin falls below $106,000 as risk-off sentiment persists
Bitcoin price faces rejection around its $106,406 resistance level on Tuesday, hinting at a potential correction ahead. Market sentiment sours as growing Israel-Gaza tensions weigh on riskier assets, such as BTC.
Coinbase asset roadmap adds Ethena, ENA targets $0.34 breakout before listing
Ethena records its fourth consecutive positive day, signaling increased bullish momentum. Coinbase announces the addition of Ethena to the asset roadmap, making it tradable on the platform soon.
Bitcoin: BTC dips as profit-taking surges, but institutional demand holds strong
Bitcoin (BTC) is stabilizing around $106,000 on Friday, following three consecutive days of correction that have resulted in a near 3% decline so far this week. The correction in BTC prices was further supported by the profit-taking activity of its holders, which has reached a three-month high.
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.