Elliott wave analysis of the market for October 28, 2025 BTCUSD
BTCUSD: SELL 114000, SL 116000, TP 90000
For our readers only—202% bonus on deposits from $202; mention promo code TOPUP25 in support and trade with TRIPLED capital; details via the link.
For our readers only—202% bonus on deposits from $202; mention promo code TOPUP25 in support and trade with TRIPLED capital; details via the link.
The situation in Bitcoin remains structurally consistent. The price has continued rising, reaching an intermediate resistance level — the previous local high formed after a sharp drop and rebound.
This level presents a good opportunity to initiate the next impulsive decline. Additionally, a fully formed and complete zigzag pattern is now clearly visible.
Thus, in the near term, there is a high probability of an impulsive decline driven by wave 3 of the downward impulse.
Therefore, it is recommended to start selling at current market levels.
Investment idea: SELL 114000, SL 116000, TP 90000.
FreshForex offers a wonderful 300% bonus on every deposit of $100 or more, giving you the opportunity to increase your trading volumes!
You can find more analytical information on our website
You can find more analytical information on our website



