# Bitcoin Market Analysis (BTCUSDT)

## Previous Result
✅ Yellow Wave X completed exactly from the projected LTF supply zone.
✅ Internal ABC correction finished successfully.
✅ Price reacted from the expected supply area.
⏳ Waiting for the first higher-quality bearish confirmation.
---

## Market Bias
**Bearish (Waiting for Confirmation)**

The larger bearish structure remains valid, but I still need stronger confirmation before considering the beginning of Yellow Wave Y.
---

## Current Scenario
The internal **ABC** correction has now completed successfully.
Micro Wave **C** finished exactly from the projected supply zone, completing the entire **Yellow Wave X** correction as anticipated in my previous analyses.
Bitcoin has already reacted from the Lower Timeframe supply zones, but I am **not satisfied** with the current bearish reaction.
So far, the only bearish confirmation comes from the **5-minute timeframe**, which is too weak to validate the beginning of the next impulsive move.
Before turning fully bearish again, I need either:
• A confirmed bearish signal from higher timeframes.
or
• A confirmed break below **63.43K**.
Until one of these conditions occurs, I continue treating the current movement as part of the monitoring structure.
---

## Why I'm Still Waiting
• Yellow Wave X has completed successfully.
• Price respected the projected LTF supply zone.
• Current bearish signal exists only on the 5-minute timeframe.
• No reliable HTF confirmation yet.
---

## Key Levels
🔴 Main Resistance
• **64.6K**
• **65.4K**

🟢 Bearish Targets
• **Primary Target:** **61.1K**
• **Extended Target:** **59.5K**
---

## Invalidation
A break above **64.5K** invalidates the current 5-minute wave count and delays the bearish scenario.
---

## Market Confidence
★★★★☆ (4/5)

The larger Wave count remains valid, but confirmation is still required before expecting the next impulsive bearish move.
---

## Next Update
I'll publish another update after either:
• A confirmed higher-timeframe bearish signal.
or
• A confirmed break below **63.43K**.
---

💬 **What do you think?**

Will Bitcoin finally activate Yellow Wave Y, or will the correction extend once more?

👍 If you found this analysis useful, consider following **MAS Crypto Analysis** for regular Bitcoin market updates.

*This publication is intended for educational and market analysis purposes only and does not constitute financial advice.*
#Bitcoin #BTCUSDT #BTCUSD #Crypto #PriceAction #ElliottWave #WaveAnalysis #SupplyAndDemand #TrendAnalysis