@KGTradingCrypto
YouTube
Avg. Quality
70
Success Rate
32.29
Analysis
799
Correct
258
Fail
462
Pending
79
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Fail
BTCUSDT
Long Entry
73,867.0000
2026-03-16
13:09 UTC
Target
86,349.0000
Fail
70,275.9000
In 2 Days
Risk/Reward
1 : 3
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Final PnL
-4.86%
P/L: —
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The analysis focuses on Bitcoin's potential Elliot Wave patterns. The current interpretation suggests that a triangle formation for wave 4 is complete, and wave E is unfolding as a zigzag. If Bitcoin continues above 70970, it might be looking for higher prices, potentially reaching a new low around 60k as the last wave is still unfolding. However, the most likely scenario is that Bitcoin will continue to push higher, and then show a corrective wave pattern, possibly an ABC zigzag, followed by a further push higher. The key is to observe if the price breaks the current base channel, which would confirm a bearish move.