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BTC Analysis: Elliott Wave and SMC Methods

BTCUSDT Perpetual Contract (BYBIT:BTCUSDT.P)  
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BYBIT:BTCUSDT.P   BTCUSDT Perpetual Contract
Trend Analysis Wave Analysis cryptomarket BTCUSD Bitcoin (Cryptocurrency) Cryptocurrency Contains IO script
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The Elliott wave analysis indicates a possible wave 3 in the uptrend, supported by increasing trading volume. The SMC method points to strong support at $50,000, with the RSI signaling overbought conditions. It is recommended to watch for a potential correction before further price gains can be achieved.
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