The Trust Layer for Market Analysts

The analysis of Bitcoin on the 15-minute chart indicates a potential bullish continuation. The price has completed a 1-2-3-4-5 wave sequence and is currently in a corrective phase, potentially a wave 4, exhibiting characteristics of an expanding diagonal. The target for higher prices is the previous all-time high of approximately $86,348.95, with a key invalidation level at $70,000.5. The price is expected to move towards the $75,000 to $75,699 range as a target for wave 1. If the price breaks below the $72,888 level, it could indicate a lower target zone around $71,825, with further potential downside indicated by Fibonacci levels at $70,590 and $67,683.