Bitcoin Update - Target Area - Wyckoff Analytics

3/12

2025

Bitcoin Update - Target Area

by Wyckoff Analytics

Market Analysis: Approaching Key Levels

As we monitor Bitcoin’s recent price action, we’re observing that we are nearing our anticipated target area. Based on our technical analysis, the high-probability scenario continues to be a climactic move into the 70-73K range. This zone is where we expect to potentially see the final selling climax.

Current Position and Expectations

Looking at the charts, we can confirm that “this is the bar that we expect and the price to fall into because this is where it all started.” Our current assessment is that we’re essentially right at that critical level.

What We’re Looking For Next

While we’ve reached this important level, the current market structure doesn’t show sufficient exhaustion signals yet. Ideally, we would prefer to see “some kind of last failure around this area” followed by a retest. This pattern would demonstrate exhaustion in a much more defined way than what we’re currently seeing.

As noted in our analysis, “This is not enough” to confirm the completion of the pattern we’ve been tracking. We’ll continue monitoring for these clearer exhaustion signals in the coming sessions.

– Roman

Market Analysis: Approaching Key Levels

Current Position and Expectations

What We’re Looking For Next

This analysis is an exert from our Wyckoff Trading Course – Part 2.