BITCOIN ENDING DIAGONAL: $160K OR $120K? (1HR CRITICAL UPDATE)

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BITCOIN ENDING DIAGONAL: $160K OR $120K? (1HR CRITICAL UPDATE)Bitcoin / TetherUSBINANCE:BTCUSDTwesladWhile I typically avoid short-term BTC analysis, this 1hr setup is too critical to ignore. Price is painting a textbook Elliott Wave pattern that could deliver a explosive move. CURRENT STRUCTURE: • Waves 1 & 2 ✅ COMPLETE • Wave 3 (extended) now forming an ENDING DIAGONAL • Current trading near critical "BUY BACK Area" IMMEDIATE SCENARIOS: BULL CASE (70%): • Bounce from current BB-Zone → Push to complete Wave 3 at $129K-$130K • Brief Wave 4 correction to $125K • Wave 5 launch toward $136K+ • Final blow-off top: $140K-$160K BEAR INVALIDATION: • Break below $123K → Drop to $120K • This invalidates the diagonal pattern KEY LEVELS: • Must Hold: $123K • Buy Zone: $121K-$123K • Wave 3 Target: $129K-$130K • Wave 4 Pullback: $125K • Wave 5 Target: $136K+ The next few hours are CRITICAL. This ending diagonal suggests exhaustion in the current move, we either get one final push to $130K or breakdown to $120K. Like if you're watching these levels! Share if you agree with this analysis! Comment with your take!