BTCUSD Forecast

Elliott Wave analysis, market structure and the latest BTC/USD forecasts.

News & Analysis

Bitcoin Forecast for October 25, 2026 – 30-Minute Chart

Bitcoin (BTC/USD) shows a cautiously bullish short-term outlook, with the displayed price at 80,585.77 following a rebound from 79,146.97. The Elliott Wave count identifies blue wave a near 80,928.16, followed by an A-B-C correction completing the proposed wave b near 79,997.81. Price has recovered toward the highlighted 80,500 area, while the ascending support line reinforces the potential continuation. The blue projection anticipates a brief consolidation before wave c advances toward approximately 81,800. A sustained break above 80,928.16 would strengthen bullish confirmation, whereas a decline below the annotated 79,997.81 invalidation level would undermine the proposed structure. The previous October 23 four-hour chart was bearish, but the different timeframe limits direct comparison.

Bitcoin Forecast for October 25, 2026 – 30-Minute Chart

Technical Summary of Bitcoin Price for October 25, 2026

  • Trend: Bullish (short-term).
  • Current Elliott Wave: Blue wave b potentially completed; wave c projected upward.
  • Key Support Levels: 80,500 (approximate highlighted zone); 79,997.81 (invalidation).
  • Key Resistance Levels: 80,928.16 (annotated wave a target); 81,800 (projected).
  • Next Price Target: 80,928.16, followed by approximately 81,800.
  • Invalidation Level: 79,997.81 (annotated).

Trader's Question: Can Bitcoin confirm the start of bullish wave c?

Holding above 79,997.81 and breaking 80,928.16 would strengthen the projected advance toward 81,800.

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BTCUSD Forecast

Bitcoin (BTC/USD) Forecast for October 23, 2026

Bitcoin (BTC/USD) maintains a bearish outlook on the 4-hour chart, trading near 81,381.60 after retreating from 84,849.70. The Elliott Wave count identifies wave W completed at 79,690.25, followed by an (a)-(b)-(c) recovery forming wave X. Renewed selling pressure and the failure to sustain the rebound favor another downward phase. Compared with October 22, the bearish outlook remains intact, although price has not yet broken the previous W low. The blue projection suggests a temporary recovery toward approximately 83,000 before a decline toward 79,000. A sustained move above the annotated 84,849.70 invalidation level would undermine the immediate bearish scenario.

Technical Summary of Bitcoin Price for October 23, 2026

  • Trend: Bearish
  • Daily Support Levels: 81,000 (approximate intraday reference); 79,690.25 (annotated low).
  • Daily Resistance Levels: 83,000 (projected); 84,849.70 (invalidation).
  • Elliott Wave Patterns: Wave W completed at 79,690.25; corrective (a)-(b)-(c) recovery labeled X; another bearish leg projected.
  • Projected downside zone 79,000–79,690.25.

Trader's Question: Has Bitcoin completed wave X and begun another bearish phase?

The wave X labeling and subsequent retreat support that possibility, but a sustained break below 79,690.25 would provide stronger confirmation.

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Market guide

About BTCUSD Forecast

Bitcoin (BTC) is the first widely established cryptocurrency and one of the most closely followed digital assets in the global financial markets. Bitcoin operates on a decentralized blockchain network that enables transactions to be recorded and verified without relying on a traditional central authority. It is followed by traders, investors, financial institutions, asset managers, and market analysts worldwide.

Bitcoin Forecast and Analysis

Our Bitcoin Forecast provides updated market analysis focused on the potential direction of Bitcoin prices. Our analysis covers different timeframes and may include market trends, support and resistance levels, price structure, and potential bullish or bearish scenarios.

At Elliott Wave Monitor, we use Elliott Wave analysis together with technical analysis to study the structure of the Bitcoin market and identify potential price movements. Each analysis is based on the latest available price action and market structure.

What Affects Bitcoin Prices?

Bitcoin prices are influenced by a range of financial, economic, technological, and regulatory factors. Market sentiment, investor demand, liquidity, institutional participation, and broader conditions in global financial markets can all affect Bitcoin's price movements.

Bitcoin's limited maximum supply and its scheduled halving mechanism are also important characteristics of the cryptocurrency. The supply of Bitcoin is capped at 21 million BTC, while new Bitcoin issuance is reduced through periodic halving events.

Regulatory developments, cryptocurrency adoption, blockchain activity, and changes in institutional demand can also influence Bitcoin. The performance of other major cryptocurrencies and developments across the broader digital asset market may affect market sentiment as well.

Bitcoin can also be sensitive to changes in interest rates, liquidity conditions, and movements in the US Dollar. During periods of changing risk sentiment, Bitcoin may experience significant price volatility.

Bitcoin Technical Analysis

Bitcoin Technical Analysis can help traders study important price levels and market structures. Our analysis may include support and resistance levels, trend direction, Elliott Wave counts, potential reversal areas, and different market scenarios.

As market conditions change, technical scenarios can also develop or become invalidated as new price information becomes available. For this reason, our latest Bitcoin analysis is regularly updated on this page.

Latest Bitcoin Forecast

This page brings together the latest Bitcoin Forecast and Bitcoin Analysis from Elliott Wave Monitor. New analysis posts are published regularly, allowing readers to follow Bitcoin price movements across different market conditions and timeframes.

Whether you are looking for a Bitcoin forecast, BTC price analysis, Bitcoin technical analysis, cryptocurrency analysis, or Elliott Wave analysis, this page provides a central place to follow our latest market updates and potential price scenarios.