Bitcoin Elliott Wave analysis – Next stop $25,000 [Video]

Peter Mathers TradingLounge

Bitcoin Headline News Today:Bitcoin broke a key resistance level making investors believe there is further upside.
Crypto Market Summary Elliott Wave Analysis : Elliott Wave iii of (iii).
Bitcoin Trading Strategy: Today I' looking at the Impulse wave upwards that can reach 25,000.

Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817.

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Peter Mathers

TradingLounge

Peter Mathers started actively trading in 1982. He began his career at Hoei and Shoin, a Japanese futures trading company.

XRP's bearish structure threatens key support

Ripple remains in a dominant bearish trend, trading at $10.08 as of Monday. This marks the third straight day the remittance token has extended its correction, with targets at the next key support levels of $0.04 and $1.00, respectively.

Crypto Today: Bitcoin, Ethereum, XRP stay under pressure as US and Iran exchange fresh attacks

The cryptocurrency market broadly corrects on Monday, as risk-averse sentiment persists amid fresh military attacks between the US and Iran in the Middle East. Bitcoin hovers above $63,000, reinforcing a weak technical structure while Ethereum trades below $1,800 with the next key support near $1,700.

Pi Network Price Forecast: PI risks further decline in a bearish setup

Pi Network is down over 6% on Monday, targeting the lower support trendline of a falling channel pattern around $0.075. PI Open Interest declines, signaling reduced risk appetite among traders amid the broader market's short-term corrective tone.

Bitcoin retreats as Middle East conflict overshadows ETF inflows

Bitcoin trades lower on Monday, falling below $63,000 after a mild recovery in the previous week. Renewed tensions in the Middle East escalated after the US launched fresh strikes on Iran on Sunday, weighing on risk sentiment and capping BTC.

Bitcoin: Strategy sells, the market doesn’t care

Bitcoin (BTC) reclaims $64,000 on Friday, extending a modest recovery while holding firmly above the key technical support zone so far this week. Mixed spot Exchange Traded Funds (ETFs) flows through Thursday reflect cautious institutional positioning. Meanwhile, traders have digested headlines about Strategy’s recent Bitcoin sale, highlighting the Crypto King’s resilience and deep liquidity.