February 28, 2026

Bitcoin: Hit the Ceiling!

Bitcoin: Hit the Ceiling!

Bitcoin: Hit the Ceiling!

Bitcoin: Hit the Ceiling!

Bitcoin / Dollar BITFINEX:BTCUSD
DailyMarketUpdate


Bitcoin: Hit the Ceiling!

While normally, one would not want another person to hit the ceiling, we expect Bitcoin to do exactly that. It should rise into the orange zone between $42005 and $43073, which it has already touched once, and finish wave iv in orange, ideally at the upper edge. After it has accomplished this, Bitcoin should drop into the blue zone between $38748 and $35722 to complete wave v in orange as well as wave (i) in blue, ideally at the bottom.

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