$BTC
Recent price action suggests the development of a short-term five-wave structure to the upside, which points to the potential start of wave (4). A sustained break and hold above the $91,680 level would significantly strengthen the probability of a broader recovery move, consistent with a B-wave advance under the yellow scenario.
Considering the degree of oversold conditions observed in today’s session, a more pronounced corrective rebound would be technically reasonable. Such a move would align with typical market behavior following sharp downside extensions, where relief rallies often unfold before the dominant trend resumes.
BTC
89,019.32
+0.65%