$BTC Analysis: Correction in Progress before surge Since
fulldeg
Updated at: 5 hours ago
{"content":"$BTC Analysis: Correction in Progress before surge
Since the red arrow marked the top, Bitcoin has moved out of its bullish phase and entered a correction. This pullback looks like it's forming a Diametric pattern—a seven-wave structure—and right now, we’re likely in wave E.
Price has just touched a demand zone, which could act as support. If this zone holds, we may see a bounce toward the next target levels.
However, if a daily candle closes below the invalidation level, this idea will no longer be valid, and the market could shift more bearish.
We’ll keep watching the price action closely and update the plan as things develop.","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/06/730fb63010641138ea522797d67b50a3.jpg"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}