BTC Extends Yellow Wave X | Waiting for the Real Bearish Signal
# Bitcoin Market Analysis (BTCUSDT)
## Quick Summary
**Bias:** Bearish (Waiting for Confirmation)
**Current Structure:** Extended Final Wave C of Yellow Wave X
**Confidence:** ★★★★☆ (4/5)
**Status:** Monitoring higher-timeframe confirmations before expecting Yellow Wave Y.
---
# Previous Result
⚠️ However, the bearish reaction was weaker than expected.
⏳ The only bearish signal appeared on the **5-minute timeframe** in my previous idea, which was not sufficient to confirm the beginning of the larger bearish move.
As a result, the final Wave C has been extended, keeping the Yellow Wave X correction active.
---
# Market Bias
**Bearish (Waiting for Confirmation)**
The overall Wave structure remains bearish, but the market still lacks the higher-timeframe confirmation required to activate the next bearish move.
---
# Current Scenario
After Bitcoin reversed from the projected LTF supply zone, I wasn't satisfied with the bearish reaction. As mentioned in my previous update, the only confirmation came from the **5-minute timeframe**, which I considered too weak to validate the beginning of Yellow Wave Y.
Since no higher-timeframe bearish signal has appeared and price has not broken below the required confirmation level, I have extended the **final Wave C**, meaning the entire **Yellow Wave X** correction is still developing.
Before turning fully bearish again, I need one of the following confirmations:
• A confirmed bearish signal from higher timeframes.
or
• A confirmed break below **63.8K**.
Until then, I continue treating the current movement as part of the corrective structure.
To improve the roadmap, I have also added a **new higher supply zone above the current liquidation area** on the **4H timeframe**, where I will monitor for the birth of a reliable bearish signal.
---
# Why This Scenario?
• Previous LTF bearish reaction was weak.
• No HTF bearish confirmation has appeared yet.
• Final Wave C has been extended.
• New 4H supply zone added for confirmation.
---
# Key Levels
🔴 Main Resistance
• **64.6K**
• **66.2K**
---
# 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 HTF bearish signal.
or
• A confirmed break below **63.8K**.
---
💬 **What do you think?**
Will Bitcoin complete the extended Yellow Wave X soon, or is one more push higher needed before the next bearish impulse begins?
👍 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