• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Bitcoin Correction Levels: Analysis and Projections

user avatar

by Giorgi Kostiuk

3 hours ago


Bitcoin remains in a corrective phase, with experts analyzing its stages and causes.

Market Structure and Key Levels

Bitcoin is trading at $82,414.19 after a pullback from previous highs. XForceGlobal analysts highlight market inefficiencies in lower timeframes with a diagonal pattern forming. Fibonacci levels indicate support at $72,000 and $63,150, consistent with past price reactions. Resistance remains around $94,000. Analyzes these processes https://x.com/XForceGlobal/status/1899149968272982201.

Elliott Waves and Resistance Levels

Bitcoin completed a five-wave impulse move and now is in an extended corrective phase. Analysis identifies the 123.6% Fibonacci extension zone as critical support. The ongoing WXY structure indicates potential continued consolidation. Key support remains at $98,000, with possible short-term rallies to $92,000–$96,000.

Projections and Future Scenarios

Short-term expectations suggest continued consolidation before the next major movement. XForceGlobal projects that if Bitcoin fails to reclaim resistance zones, bearish momentum could extend, with wave structures and Fibonacci levels indicating declines towards historical support. Analysts monitor price reactions to forecast market direction.

Bitcoin remains under corrective influences, and analysts continue to watch key support and resistance levels to predict future movements.

0

Share

Other news

Sonic and FloppyPepe (FPPE) Prices: A Look at Current Trends

Sonic and FloppyPepe (FPPE) draw attention as they gear up for a potential crypto bull run. Explore what's happening.

user avatarGiorgi Kostiuk

13 minutes ago

Fibonacci and Market Cycles Define Ethereum's Path

Analysis of Ethereum's support and resistance levels. Support at $1,850 is critical for price growth.

user avatarGiorgi Kostiuk

22 minutes ago

Chainlink Increases Circulation by 19 Million LINK

Chainlink added 19 million LINK to circulation, causing a 5% price drop.

user avatarGiorgi Kostiuk

22 minutes ago

Trump's Deregulation: A Path to Economic Prosperity

Trump announces deregulatory measures aimed at boosting the U.S. economy.

user avatarGiorgi Kostiuk

22 minutes ago

XLM's Surge: Coin Shows Resilient Growth Amid Market Volatility

XLM surges over 14%, showing investor confidence despite recent market challenges.

user avatarGiorgi Kostiuk

23 minutes ago

Tokenization: How It Will Change Financial Markets

Mike Novogratz argues tokenizing assets will become significant, as BlackRock's BUIDL fund hits $1 billion.

user avatarGiorgi Kostiuk

33 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.