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BTC: Bull Trap or Breakout? Two Key Scenarios Explained Bitcoin has now retested a major structural support level, and the big question is whether the market can still push higher before a larger correction unfolds. In this video, we break down two bullish Bitcoin scenarios using Elliott Wave Theory while still keeping the broader bear market thesis intact. We discuss why the current rally may still be part of a larger corrective B-wave, what would confirm another move toward $95Kβ$100K, and what would be needed to truly invalidate the bearish outlook. We also analyze the key resistance and support levels on both the higher and lower timeframes, explain why five-wave structures matter so much here, and show what traders should watch closely in the coming days and weeks. Timestamps: 00:00 Bitcoin retests major structural support 01:12 Main bear market thesis explained 02:24 Why the B-wave may not be finished yet 03:22 The resistance zone forecast from Q2 04:28 First bullish pathway toward $100K 05:47 Key breakout confirmations to watch 07:03 Alternative long-term bullish scenario 08:24 Why Elliott Wave still favors caution 10:16 What a true bullish breakout would require 12:02 Short-term support and resistance levels ----------------------------------------------------------------------------------------- π§Ώ MCO Global: π» https://www.mcoglobal.com/ βοΈ Join the FREE Newsletter: π https://mcoglobal.com/newsletter/ π§Ώ Join the More Crypto Online Community: π https://www.mcoglobal.com/memberships OR π https://www.youtube.com/channel/UCngIhBkikUe6e7tZTjpKK7Q/join OR π https://www.patreon.com/morecryptoonline π§Ώ Join the MCO Stocks & S&P500 Community: π https://www.patreon.com/moretradingonline ----------------------------------------------------------------------------------------- π§Ώ Social Media: π X / Twitter: https://x.com/Morecryptoonl π Instagram: https://www.instagram.com/morecryptoonline_official/ π All Links: https://linktr.ee/morecryptoonline βοΈ Contact: info@morecryptoonline.com ----------------------------------------------------------------------------------------- π§Ώ Exchanges & Brokers (Affiliate Links): π Trade on Bybit: https://partner.bybit.com/b/MCO π Trade on Bitget: https://partner.bitget.com/bg/MoreCryptoOnline π Trade with XTB β a global, regulated broker offering 7,100+ stocks and 1,400 ETFs π https://geolink.xtb.com/XjNyk (Please note: XTB services are not available to U.S. clients.) ----------------------------------------------------------------------------------------- π§Ώ Research & Tools (Affiliate Links): π Tradingview - Chart software Get a $15 discount on your first subscription: https://www.tradingview.com/?aff_id=108760 π Bitcoin Magazine Pro β On-chain data & research Get 20% off with code: 20MCO https://www.bitcoinmagazinepro.com π CoinTracking β Portfolio & tax tracking Get 10% lifetime discount with this link: https://cointracking.info/?ref=B776587 π Protect your cryptocurrencies with Trezor: https://bit.ly/morecryptoonline π Protect your cryptocurrencies with Ledger: https://shop.ledger.com/?r=0fb3c8be2e46 π Stay safe with NordVPN: https://go.nordvpn.net/SH4s0 ----------------------------------------------------------------------------------------- β οΈ Disclaimer The content provided on this channel is for informational and educational purposes only. It does not constitute financial advice, an offer or solicitation to buy or sell any financial instruments, or a financial service under applicable laws. All analyses and opinions expressed are strictly personal views. You are solely responsible for your own investment decisions and act at your own risk. Always consider your individual risk profile and, if necessary, consult with an independent financial advisor. Some of the links provided in this description may be affiliate links. If you choose to use them, MCO Global may receive a commission β at no additional cost to you. Thank you for supporting the channel. β οΈ Important: Affiliate links related to cryptocurrency exchanges are not available to residents of the United Kingdom, the United States, or any other restricted jurisdictions. Please check the laws and regulations that apply in your country before using such services. Other affiliate links (e.g. VPN, hardware wallets, software tools) are unaffected.
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