If Bitcoin breaks above the key resistance level of $72,000 — which aligns with the top of Elliott Wave 4 — it could signal the beginning of a powerful Wave 3 move on the global daily timeframe.
According to Elliott Wave Theory, Wave 3 is typically the strongest and most impulsive phase of the cycle. Based on Fibonacci Retracement projections, this move could extend toward the $193,000 level.
From my perspective, this presents a strong opportunity to accumulate Bitcoin and consider long-term investing on the spot market, especially if the breakout is confirmed with solid momentum and volum$BTC #bitcoin #BTC
