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.
Author

Abhishek H. Singh
WaveTalks
Abhishek is a seasoned financial analyst with over a decade of experience specializing in Elliott Wave Theory.




