BTC 1D TF Signal Today ? / Wave Y Could Extend to 52.5KBitcoin / TetherUS PERPETUAL CONTRACTBINANCE:BTCUSDT.PMASCryptoAna# Bitcoin Market Analysis (BTCUSDT) ## Quick Summary **Bias:** Bearish **Current Structure:** Yellow Wave Y — 1st Wave of the 3H Downtrend **Status:** Waiting for the 1D timeframe signal to confirm the end of the correction and potential deeper bearish continuation. --- # Previous Result ✅ The Daily candle previously closed below **64,794.4**, confirming the end of Yellow Wave X and activating **Yellow Wave Y**. 📉 Bitcoin has continued moving in the bearish direction. --- # Market Bias **Bearish** Yellow Wave Y remains active, and the lower-timeframe structure continues to support the main bearish direction. The next major confirmation I am watching is the **1D timeframe**. --- # Current Scenario Today could be a very important day for the larger Wave structure. I am waiting for the **1D timeframe** to produce a signal confirming the end of the current correction **X** and the beginning of the next **Yellow Wave Y** bearish extension. If this 1D signal appears, the bearish move could extend significantly deeper than my current targets. In the extended scenario, Bitcoin could potentially reach around **52.5K**. However, if the required 1D signal does not appear today, the confirmation could be delayed into the following days { Key Level = 64251.5$ "Should close below it"}. On the lower timeframes, Bitcoin is still moving within **Yellow Wave Y**. I am also monitoring the **1st Wave of the 3H timeframe downtrend**. So far, I have not received a signal indicating the beginning of its corrective wave, meaning the bearish structure remains active. --- # Bearish Targets 🎯 **Primary Target:** **61.1K** 🎯 **Extended Target:** **59.5K** 🎯 **Potential Deeper Extension:** **52.5K** --- 💬 **What do you think?** Will the 1D timeframe finally confirm the deeper Wave Y extension, potentially opening the way toward **52.5K**, or will the confirmation be delayed for another few days? 👍 If you find this analysis useful, don't forget to follow **MAS Crypto Analysis** for future Bitcoin updates. *This publication is intended for educational and market analysis purposes only and does not constitute financial advice.* #Bitcoin #BTCUSDT #BTCUSD #Crypto #PriceAction #ElliottWave #WaveAnalysis #SupplyAndDemand #TrendAnalysis