Bitcoin viewBitcoin / TetherUS PERPETUAL CONTRACTBINANCE:BTCUSDT.PViniReddyThe chart shared illustrates as per Elliott Wave analysis setup combined with supply and demand (selling/buying) zones. Here’s a breakdown of what’s shown: 🧩 Elliott Wave Count The labeling (A (a-b-c)–B (a-b-c)–C (1-2-3-4-5) (1–5) now we are in C(1-2-3-4-5) where we have completed C-3 Wave heading too C-4 Wave 🔹 Key Components: Wave (a)-(b)-(c): Indicates a corrective pattern (ABC Zigzag) where (c) is likely completing or nearing completion. Waves 1–5 (in yellow): Represent a downward impulse, possibly forming Wave (c). Currently, it seems price is in Wave 4, with Wave 5 expected to follow downward toward the “Buying Zone.” 💰 Trading Zones: Selling Zone: Marked around the Wave 4 retracement area — typically a good place for short entries if price rejects this region. Buying Zone: Below, where Wave 5 (and (c)) is expected to complete. A potential reversal area where buyers could step in. Always follow Price-Action ⚠️ Disclaimer This analysis is published here is for educational and informational purposes only. It does not constitute financial advice, investment recommendation, or a solicitation to buy or sell any financial instrument. All ideas and analyses shared here reflect the author’s personal opinions and are not endorsed by TradingView. Trading and investing carry significant risk of loss and may not be suitable for all investors. Always do your own research and consult a licensed financial advisor before making any trading decisions. The author and TradingView are not responsible for any losses arising from the use of this information.