Bitcoin: The 75k miracle – Did you catch Bitcoin’s block hole bounce?
|The Bitcoin move from 88K to 74,415 wasn’t just another fall—it was a textbook Elliott Wave thrust that unfolded exactly as predicted. In our 19th March 2025 update, we highlighted a Triangle pattern for Wave-4 inside the ending diagonal (wedge) of Wave-C.
The structure moved in near-perfect order—completing Wave-C, D, and E, before slipping hard toward the 75K zone, a level clearly mapped as part of our Wave-5 downside target.
But here’s where it gets even more thrilling...
Just like a perfect block hole delivery in cricket, this bearish move hit right on target, clearing the stumps—and setting up a sharp bullish reversal from the very same zone.
26th March 2025
5th April 2025 - Wave C, Wave-D completed & Wave-E is about to complete
Did you catch the thrust? Or are you late to the bounce?
The downside idea:
- ✔️ Break below 81K → ✅ Check
- Target close to 75K → ✅ Check
- Precise low at 74,415 → ✅ Spot on
Now, the bullish structure is developing right from that block hole reversal zone.
7th April 2025 - 00:46 hrs ...Downside thrust started as discussed last month in 19th March 2025 idea
7th April 2025 - 22:06 hrs (Recent snapshot) - Bounce started from 74-75K zone
Trading strategy – What’s next?
1. Key bullish trigger zones
- ⚡ Above 75K, structure remains bullish
- 83K–84K: First resistance
- Breakout above 85K → leads to bounce toward 88K
- Above 88K–90K → doors open for 99K
- Above 99K → All-Time High retest at 109K (where the wedge started)
2. Bearish caution
- If Bitcoin breaks below 75K again, all bullish bets are off
- ⚠️ Could invite another panic drop, especially if global events align like the Trump tariff-led panic that synced perfectly with the recent thrust
Why this move was so special
- 3 legs ( Wave-C, Wave-D & Wave-E within the proposed triangle completed back-to-back in the wedge structure) & Final Thrust Downside below 81K which was key support level.
- Both bearish and bullish setups played out flawlessly
- Timing matched global macro panic—showing the power of Elliott Wave when combined with sentiment
Conclusion: Wavetalks caught it all — Did you?
From calling the Triangle pattern, predicting the 74K–75K block hole, and now this emerging bullish structure —
WaveTalks didn’t just whisper... it roared. More big moves coming your way.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.