Bitcoin Yellow Wave Y Has Begun ^_^ for BINANCE:BTCUSDT. P by MASCryptoAna
# Bitcoin Market Analysis (BTCUSDT) ## Quick Summary **Bias:** Bearish **Current Structure:** Yellow Wave Y — Successfully Activated **Confidence:** ★★★★★ (5/5) **Status:** Daily confirmation completed. Bitcoin has officially entered Yellow Wave Y and continues the main bearish direction. --- # Previous Result ✅ Bitcoin successfully closed the Daily candle below the key confirmation level of **64,794. 4**. 🎯 This confirmed the end of the **Yellow Wave X correction** and activated **Yellow …
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Bitcoin Market Analysis (BTCUSDT)## Quick Summary**Bias:** Bearish**Current Structure:** Yellow Wave Y — Successfully Activated**Confidence:** ★★★★★ (5/5)**Status:** Daily confirmation completed. Bitcoin has officially entered Yellow Wave Y and continues the main bearish direction. ---# Previous Result✅ Bitcoin successfully closed the Daily candle below the key confirmation level of **64,794. 4**. 🎯 This confirmed the end of the **Yellow Wave X correction** and activated **Yellow Wave Y**, exactly as outlined in my previous ideas. 📉 Bitcoin also did not return to retest the **65K supply zone**, confirming strong bearish pressure. ---# Market Bias**Bearish — Yellow Wave Y Active**The Daily confirmation has now been completed. Bitcoin closed below **64,794. 4**, confirming the end of the Yellow Wave X correction and the beginning of the larger **Yellow Wave Y** bearish move. The bearish direction remains active, and I will now focus on monitoring the continuation of this wave. ---# Current ScenarioYesterday, the **Daily candle closed below 64,794. 4**, which was my key confirmation level for ending the Yellow Wave X correction. As a result, **Yellow Wave Y has now successfully begun**, continuing the main bearish direction that I have been tracking throughout my previous ideas. Another important point is that Bitcoin **did not return to retest the 65K supply zone**. Instead, the market continued lower with strong bearish momentum, which supports the current Yellow Wave Y scenario. I will also continue monitoring the **Daily timeframe today and tomorrow** for a potential additional signal. ---# Why This Scenario?• Daily candle successfully closed below **64,794. 4**. • Yellow Wave X has been confirmed as completed. • **Yellow Wave Y has officially begun. **• Bitcoin did not return to retest the 65K supply zone. • Strong bearish momentum continues. • Daily timeframe will be monitored for an additional signal. ---# Bearish Targets🎯 **Primary Target:** **61. 1K**🎯 **Extended Target:** **59. 5K**---# Market Confidence★★★★★ (5/5)The key Daily confirmation has now been completed, activating Yellow Wave Y. The strong bearish reaction without a retest of the 65K supply zone further supports the current bearish scenario. I will continue monitoring the Daily timeframe for additional confirmation and potential deeper targets. ---# Next UpdateI'll publish another update after either:• A new Daily timeframe signal appears. or• Bitcoin reaches an important reaction area during the continuation of Yellow Wave Y. ---💬 **What do you think?**Will Yellow Wave Y continue directly toward **61. 1K → 59. 5K**, or will Bitcoin form a temporary correction before reaching the targets?👍 If you find this analysis useful, don't forget to follow **MAS Crypto Analysis** for future Bitcoin updates. *This publication is intended for educational and market analysis purposes only and does not constitute financial advice. *#Bitcoin #BTCUSDT #BTCUSD #Crypto #PriceAction #ElliottWave #WaveAnalysis #SupplyAndDemand #TrendAnalysisDisclaimerThe information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in theTerms of Use.
