BTC Elliott Wave Analysis – 5th Wave Scenario (Larger Timeframe)

Bitcoin is currently trading within what appears to be the 5th wave of a larger-degree Elliott Wave cycle. This phase is important, as it often represents the final advance of the prevailing trend before a significant correction or trend change.

🔍 Possible Structures:

1️⃣ Ending Diagonal


Overlapping internal waves
Decreasing momentum
Converging trendlines
Commonly forms at the end of Wave 5
Suggests trend exhaustion and increased reversal risk


2️⃣ Impulse Wave


Clean 5-wave internal structure
Strong bullish momentum
Extension toward Fibonacci targets (1.618 / 2.0)
Final expansion phase before trend completion


📊 Technical Observations:


Momentum divergence is developing
Price action shows structural compression
Fibonacci projections suggest a limited upside zone
Volatility typically increases as Wave 5 matures


🧠 Conclusion:

While further upside is still possible, Wave 5 is historically a high-risk, low-reward environment for late entries. Confirmation and strict risk management are essential at this stage.


⚠️ Disclaimer

This analysis is based solely on Elliott Wave theory and technical analysis.
It is not financial advice. Cryptocurrency markets are highly volatile.
Always do your own research (DYOR) and use proper risk management.
The author is not responsible for any profits or losses resulting from this analysis.