🔔 Bitcoin Price Analysis - May 2025 Update
In this video, we break down the current Bitcoin correction phase using Elliott Wave analysis. Is Bitcoin preparing for another dip or gearing up for one final high? We explore both the white and yellow wave count scenarios, key support and resistance levels, and how the NASDAQ is influencing crypto markets right now.
📊 Key Topics Covered:
Local sell-off and 5-wave structure
White vs. Yellow scenario explained
Important breakout and support levels
What signals a potential trend reversal
Bitcoin vs NASDAQ correlation
📉 Support Levels to Watch:
$93,000 | $87,972 | $78,867
📈 Resistance Levels to Break:
$94,850 | $95,800
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