$BTC / #Bitcoin: How far will the recovery extend before the next sell-off begins? I also want to share with you the current long-term Elliott Wave analysis. Primarily, BTC is currently in wave (A) (green), with a target zone of $86,400–92,000. On the way there, open short liquidations at $87,800, $89,600, and $91,300 remain relevant. If, following the corrective wave (B) (green), wave (c) (green) develops, BTC could potentially absorb liquidity up to around $98,000. Whether this also marks the completion of the corrective wave b (red) remains uncertain—it could extend as far as approximately $119,000. Only after its completion would wave c (red) downward be expected. 🔵 Alternative 1: The target zone of $86,400–92,000 could instead mark the completion of corrective wave b (red), not wave (A) (green). This would mean the sell-off could begin earlier. The crucial question is therefore not just how high BTC will rise, but which wave ends at that level. 🟡 Note: The yellow labeling and target zone are from Robert Prechter. Let’s go 💪 Knowledge is wealth. Recognize trends. Trade with foresight. TSC | Trend Serra Capital