$BTC Update 🚨

Bitcoin’s overall outlook remains unchanged from yesterday. The impulsive structure is still intact, and the larger sell-off likely hasn’t happened yet.

Right now, the key area to watch is the $78.5K–81K resistance zone. Traders should consider whether to hedge exposure or gradually reduce spot positions around this range.

The bearish outlook would only be invalidated by a confirmed reclaim above $82.8K. If BTC breaks and holds that level, the market could shift into a stronger bullish deviation scenario. Until then, the probability of a deeper correction remains elevated.

My primary expectation remains a move toward the $54K–48K region, where Bitcoin may finally establish a broader bottom and complete the larger corrective structure.

Ideally, BTC prints one more clean three-wave recovery before the next major leg down. These Wave 2 rallies are often sharp enough to convince traders that a full bullish reversal has started — before the market rolls over again.

If we get a more defined three-wave push higher, downside targets can be mapped with greater accuracy. For now, the broader resistance zone between $78.5K and $81K remains the most important level to monitor.

One more thing: the final move toward the $55K area will likely unfold in an impulsive five-wave structure. However, corrective Wave 5 moves are usually volatile, messy, and difficult to count precisely.

Because of that, there’s no need to obsess over every minor wave near the end of the move. The main focus should remain on the broader downside target zone between roughly $54.6K and $48K.

#BTC #Bitcoin #Crypto #BTCUpdate #CryptoMarket #Trading #BitcoinAnalysis #Altcoins #CryptoTrading #MarketUpdate