Elliott Forecast - Elliott Wave Insights: Bitcoin (BTCUSD) Nearing Wave (3) Completion

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Elliott Forecast

Elliott Wave Insights: Bitcoin (BTCUSD) Nearing Wave (3) Completion

Since reaching a low of $74,434 on April 7, 2025, Bitcoin (BTCUSD) has surged impressively, climbing in a five-wave impulse structure with an extended (nested) formation. This rally has unfolded in clear stages, as shown on the one-hour chart. From the April 7 low, wave (1) peaked at $86,450, followed by a pullback in wave (2) to $83,102. The cryptocurrency then soared higher in wave (3), which is breaking down into smaller impulsive waves.

14/05/2025 1 EN

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Elliott Forecast

Elliottwave-Forecast.com (by EME PROCESSING AND CONSULTING LLC) was founded in 2005 by Eric Morera. Since inception our company has provided tailored Financial Market Services to thousands of clients. ElliottWave-Forecast has built a reputation on accurate technical analysis and a winning attitude. By successfully incorporating the Elliott Wave Theory with Market Correlation, Cycles, Proprietary Pivot System, we provide precise forecasts with up-to-date analysis for 52 instruments including FX majors, Gold, Silver, Copper, Oil, TNX and major Equity Indices. Our clients also have immediate access to our proprietary Actionable Trade Setups, Market Overview, 1 Hour, 4 Hour, Daily & Weekly Wave Counts. Weekend Webinar, Live Screen Sharing Sessions, Daily Technical Videos, Educational Resources, and 24 Hour chat room where they are provided live updates and given answers to their questions.

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Elliott Wave Insights: Bitcoin (BTCUSD) Nearing Wave (3) Completion

GBPUSD Soars 160 Pips from Blue Box as Buyers Resume

SMH Finds Support After Double Correction, Wave (V) in Motion

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