BTC - 1H Elliott Wave Analysis - 17.08.25Bitcoin / TetherUS PERPETUAL CONTRACTBINANCE:BTCUSDT.PKanashimiBroGreetings :) Since our last update not much has changed. We are still looking for a bounce in the red B before seeing the red C down or alternatively an impulsive 5 wave move up that would indicate that the Wave 2 low is in. We added a potential count for the red B as yellow ABC. The invalidation of this immediate bullish counts is at the white Wave 2 low at 111850 USD. If you are interested in more details check out our last Analysis :) A more short-term bearish count we're looking into is that we didn't finished the blue Wave 2 on the bigger timeframe yet and the move down from the 13th of July top is an A wave and the move up from 111850 USD to the ATH was an overshooting B Wave and now we would get a Wave C down which would reset the blue Wave 2 lower. This could take us to the 103k - 110k region. Just an idea :) Let's see the price action tomorrow first. Thanks for reading. NO FINANCIAL ADVICE.