Bitcoin (BTCUSDT) Completing Corrective Wave C Bitcoin / TetherUSBINANCE:BTCUSDTiamspecterngBitcoin has completed a 5-wave impulse to the upside and recently finished an A–B–C corrective pattern. The Wave (C) has tapped into a key demand zone (highlighted in purple) that aligns with prior Wave 4 support and an inducement zone — a classic liquidity grab setup before a bullish reversal. The structure suggests that BTC has completed its correction and is preparing for a long-term bullish continuation targeting new highs. The breakout of the descending channel confirms renewed buyer strength. Long-Term Buy Opportunity (Bullish Reversal Setup) Entry Zone: $101,500 – $103,000 Buy Confirmation: Break and retest of $105,000 zone (structure shift) Target (TP1): $115,000 Target (TP2): $120,000 Target (TP3): $126,000 (major resistance / completion of next bullish leg) Stop Loss: $97,000 Reasoning: ✅ Elliott Wave Context: Completion of corrective Wave (C) from the A–B–C structure signals potential trend continuation. ✅ Structure Break: Bullish break of structure (BOS) after descending channel breakout. ✅ Liquidity Sweep: Price swept liquidity below prior lows (inducement zone), indicating institutional accumulation. ✅ Demand Zone Confluence: Strong historical support from the previous Wave 4 base area.