January 24, 2026

Potential Bull Run in Bitcoin, Elliott Wave Analysis

Potential Bull Run in Bitcoin, Elliott Wave Analysis

Potential Bull Run in Bitcoin, Elliott Wave Analysis

Potential Bull Run in Bitcoin, Elliott Wave Analysis

BTC/USD COINBASE:BTCUSD
ParallaxTrading


Potential Bull Run in Bitcoin, Elliott Wave Analysis

Bitcoin outlook: We are tracking an ABC flat correction that is nearing completion. We are currently in wave 5 of (C). We are watching for a small bounce, then one last push down to an area of Fibonacci confluence around the $20,000 – $24,00 area. We expect price to reverse at that level, beginning the final bull wave of the larger term wave sequence.

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