$SELOR
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Bitcoin Short-Term Elliott Analysis We're slowly in resistance zones; after this much rise, of course such a sell-off was bound to come. According to Elliott, there's a possibility that the short-term drop is complete, and from here, there's a chance of heading to a new high.
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AI visual note: A TradingView chart of BTCUSDT on Binance shows Bitcoin's recent price action with Elliott Wave annotations (labeled 1-5) mapping a rally to around $80,600 followed by a sharp sell-off to the $76,400-$77,200 support zone, aligning with the analysis suggesting a completed short-term drop and potential move to a new high.