Bitcoin Wave 3 Crash: What’s Next As Price Makes A Rebound?
Bitcoin’s worth motion over the previous 24 hours has modified from outright promoting stress to a cautious rebound. After falling into the mid-$75,000 area, the cryptocurrency discovered assist round $75,400. That assist has since carried BTC again towards $79,000, with the value now pushing increased, and (*3*)the essential $80,000 worth degree.
Although the bounce has eased rapid draw back stress, a technical evaluation shared on X reveals that the transfer could also be occurring inside a much larger bearish structure that might nonetheless have sufficient time to develop.
Elliott Wave Structure Points To A Wave 3 Crash
Technical evaluation reveals that the recent Bitcoin sell-off and crash beneath $80,000 match squarely inside a bigger Elliott Wave construction that also factors to extra draw back forward. The Bitcoin technical chart outlines an prolonged decline that’s been taking part in out from the $126,000 peak in October 2025.
TheBitcoin Historical Performance Shows How Low The Price Will Go Before A BottomBitcoin kicked off a five-wave downward impulse transfer after it peaked at $126,000 in October. From the October 2025 high close to $126,000, Bitcoin has already fallen roughly 41%, a drawdown the analyst claims aligns carefully with prior warnings of a 40% to 50% crash within the early part of a bear market.
According to the analyst, Bitcoin accomplished its Primary Wave 4 close to the $97,900 area earlier than rolling over into Primary Wave 5. This Primary Wave 5, which is a downward wave, is split into smaller impulse waves. Within that bigger decline, Bitcoin is now stated to be deep inside Intermediate Wave 3, which is often probably the most aggressive and damaging leg of an Elliott Wave transfer.
Where The Analyst Sees The Bottom Forming
Bitcoin is predicted to transition into Intermediate Wave 4 after Wave 3 is accomplished, which can provide momentary reduction or consolidation. However, that pause is predicted to be adopted by Intermediate Wave 5, a ultimate leg decrease that might push the Bitcoin price to new cycle lows earlier than the complete wave construction reaches completion.
Looking forward, the evaluation outlines a potential bottoming zone between $60,000 and $63,000 for Wave 5. However, the analyst famous that Bitcoin might even briefly probe decrease and fall to the 200-week shifting common round $58,000, earlier than lastly exhausting promoting stress. In this framework, the present rebound from the $75,000 space is considered as a pause inside the downtrend, not affirmation that the lows are in.
Once that low is established, the following outlook is {that a} sizeable bear-market rally will comply with. The chart initiatives a restoration again towards the 200-day shifting common, with upside targets stretching into the $90,000 to low-$100,000 vary. That transfer was described by the analyst as a counter-trend rally earlier than what might be the following main leg decrease later within the cycle.
