Bitcoin BTCUSD gained approximately 12% since our June entry

As our members know, we’ve been long in Bitcoin. The crypto has made a solid rally toward new all-time highs, gaining 12% since our entry at the beginning of the June.  In this technical article, we are going to present Elliott Wave trading setup of BTCUSD.  The crypto completed its corrective decline precisely at the Equal Legs area, also known as the Blue Box.

In the following sections, we’ll break down the Elliott Wave structure in detail and explain the logic behind the setup and trade management.

BTCUSD Elliott Wave 1 Hour  Chart 05.29.2025

The current analysis suggests that Bitcoin is undergoing a correction in the form of an Elliott Wave Double Three Pattern. The price structure still looks incomplete at the moment — we expect more short-term weakness,toward the Blue Box area .

Our analysis calls an extension toward the extreme zone at the 105,498 area, where we are looking to re-enter as buyers. We recommend members avoid selling BTCUSD , as the main trend remains bullish. We anticipate at least a 3-wave bounce from this Blue Box area. Once the price touches the 50% fib level against the X red connector, we’ll make positions risk-free, set the stop-loss at breakeven, and book partial profits.

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Official trading strategy on How to trade 3, 7, or 11 swing and equal leg is explained in details in Educational Video, available for members viewing inside the membership area.

Quick reminder on how to trade our charts :

Red bearish stamp+ blue box = Selling Setup Green bullish stamp+ blue box = Buying Setup Charts with Black stamps are not tradable. 🚫

BTCUSD

BTCUSD Elliott Wave 1 Hour  Chart 05.29.2025

The crypto extended lower into the Blue Box area and found buyers, just as expected. The correction ended at the 98,413low, and since then, Bitcoin has staged a strong rally toward the 118,900 area. As a result, all long positions entered at the Blue Box are now risk-free — we’ve moved our stop loss to breakeven and already secured partial profits.

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.

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Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • HilaryWilde
    ·2025-07-14
    Your analysis is intriguing
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  • quixy
    ·2025-07-14
    Intriguing setup
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