Hello fellow traders. In this technical article we’re going to look at the Elliott Wave charts of Bitcoin (BTCUSD) published in members area of the website. As our members know, Bitcoin is currently correcting its short-term cycle from the 76,612 low. In the following analysis, we will break down the Elliott Wave forecast and identify the key target area.
BTCUSD Elliott Wave 1 Hour Chart 04.02.2025
The pullback still looks incomplete at the moment. We count five waves down from the peak, suggesting we have only the first leg ((a)) of wave 2 which is unfolding as a Zig Zag pattern. As long as the price remains below 88760 peak , we anticipate another leg down as proposed on the chart.
Did you know that 90% of traders fail because they don’t understand market patterns. Are you in the top 10%? Test yourself with this advanced Elliott Wave Test
BTCUSD Elliott Wave 1 Hour Chart 04.04.2025
The price has remained below the 88,760 peak, and the expected decline has followed. BTCUSD has yet to reach the extreme zone. There may be further short-term weakness, with potential support between 80,967 and 79,159. At this stage, we do not recommend selling
Remember, the market is dynamic, and the presented view may have changed in the meantime. For the most recent charts and target levels, please refer to the membership area of the site. The best instruments to trade are those with incomplete bullish or bearish swing sequences. We put them in Sequence Report and best among them are presented in the Live Trading Room
Reminder for members: Our chat rooms in the membership area are available 24 hours a day, providing expert insights on market trends and Elliott Wave analysis. Don’t hesitate to reach out with any questions about the market, Elliott Wave patterns, or technical analysis. We’re here to help.
Elliott Wave Forecast Membership
Trade with a clear plan — not guesswork.
At Elliott Wave Forecast, our team of professional analysts monitors 78 instruments across global markets every day, helping members identify high-probability opportunities and manage risk through a structured, rules-based trading process.
Inside your membership, you’ll receive:
✅ Real-Time Trading Recommendations — with clearly defined Entry, Stop Loss, and Take Profit levels for each setup.
✅ Live Trading Room Access — follow professional trade setups as they develop in real time.
✅ 24-Hour Chat Room Support — ask unlimited questions and receive guidance from experienced analysts throughout the trading week.
✅ Expert Multi-Market Analysis — covering Forex, Stocks, Indices, ETFs, Commodities, and Cryptocurrencies.
✅ Exclusive Educational Videos — included at no additional cost, with practical lessons on Elliott Wave theory, trading strategies, risk management, and trade execution.
✅ Learn the Process Behind Every Setup — understand how experienced analysts identify opportunities, define risk, and manage trades as market conditions evolve.
Ready to see how the process works in real market conditions?
Regular 14-Day Trial: $9.99
Limited-Time Price: Only $0.99
👉 Start Your 14-Day Trial for Only $0.99
