Bitcoin - Huge drop will continue! Then a new ATH (buy here)

[bonk]

Bitcoin and mainly altcoins have been pumping in the recent weeks, so the important question is - will this trend continue, or is it over? My Elliott Wave analysis on Bitcoin suggests that we should see a correction to 105,000 USDT before another push to the upside. Why? I see a completed Impulse wave 12345 inside the rising wedge pattern, so this is a pretty bearish combo, to be honest. What's more, September is the worst-performing month for Bitcoin statistically, so that's also a problem. You probably don't want to be speculating on price increases during this period. I recommend buying in October and riding the bullish cycle until December 2025.

Where should we buy BTC? When we take the Fibonacci retracement tool on the whole 12345 impulse wave, we have 105,386 - a strong Fibonacci 0.382 support. In confluence with the previous price action, there is a FVG (Fair Value GAP) between 103,399 and 104,622 on the daily candles. That's a pretty high-probability setup for buying BTC here, so thank me later!

What about alt season? We have seen a pretty strong uptrend on altcoins, but they also need to breathe, so expect a pullback as well. Of course, some altcoins will start pumping pretty much because we are in the alt season, but let's say the major altcoins in the TOP20.

Write a comment with your altcoin + hit the like button, and I will make an analysis for you in response. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!

[jacson4]

Very interesting breakdown! I agree that BTC looks overheated after that 12345 impulse, and the wedge structure adds weight to the correction scenario. The confluence of 0.382 Fib retracement and the daily FVG zone makes that $103K–105K range a strong buy area in my eyes too. Historically, Q4 has been the money-making window for Bitcoin, so October entries could be gold if this pullback plays out as you suggest.

On the altcoin side, I’m watching ETH closely — it tends to lead the pack once BTC settles down. If BTC dips into your support zone, I think we’ll see some great accumulation opportunities across majors like ETH, SOL, and even some L2 tokens.

[Nahid10]

I like how you tied the Elliott Wave count with seasonality — September really has been Bitcoin’s weak month most years. A healthy correction here would actually be bullish in the bigger picture, because it clears leverage and sets the stage for a stronger Q4 rally.

Altcoins definitely look stretched too, so I’m expecting that “breather” you mentioned. Personally, I’d love to see some analysis on Polygon (MATIC) — it’s lagging compared to other majors, and I’m curious if it could catch up during the next wave of alt season. Thanks for the insights, looking forward to your alt breakdowns!

[rafihasan]

btc will pump soon again

[Maxwell]

Solid analysis! The 0.382 Fib retrace around 105k looks like the perfect accumulation zone. Curious to see if BTC respects that FVG before the next leg up.

[Nahiar806]

Altseason always gets tricky… but I’d love to hear your take on SOL. It’s been showing strong momentum lately — does it have room to run after a BTC correction?

[rafihasan]

Appreciate the detailed breakdown September’s weakness lines up with past cycles too. Loading bags in October sounds like the smart play