On this technical weblog, we are going to take a look at the previous efficiency of the 4-hour Elliott Wave Charts of Bitcoin. During which, the decline from 14 January 2026 excessive ended 5 waves in an impulse sequence and confirmed a decrease low sequence in a corrective sample. Due to this fact, we knew that the construction of Bitcoin is incomplete to the draw back & ought to see extra weak spot. So, we suggested members to promote the bounces in 3, 7, or 11 swings on the blue field areas. We’ll clarify the construction & forecast beneath:
Bitcoin 4-Hour Elliott Wave Chart From 3.02.2026
Right here’s 4-hour Elliott wave Chart from the three.02.2026 replace. During which, the decline to $59930 low ended 5 waves from the 1.14.2026 excessive inside wave (A) & made a wave (B) bounce. The internals of that bounce unfolded as an Elliott wave zigzag correction the place wave A ended at $72174 excessive. Then a decline to $62525 ended wave B pullback and began the C leg greater in the direction of $74750- $82450 blue field space from the place sellers had been anticipated to look searching for extra draw back or for a 3 wave response decrease no less than.
Bitcoin Newest 4-Hour Elliott Wave Chart From 3.24.2026
That is the Newest 4-hour view from the three.24.2026 replace. During which the BTCUSD is displaying a robust response decrease happening from the equal legs space permitting shorts to get right into a risk-free place shortly after taking the place.
Supply: https://elliottwave-forecast.com/bluebox-wins/bitcoin-faces-textbook-rejection-at-blue-box-zone/