🟠 Bitcoin Holds Ground Amid Geopolitical Volatility — Wave IV Continues
Bitcoin continues to consolidate after recent market volatility, including geopolitical shocks like Trump’s 25% tariffs on Europe over Greenland. Despite low retail buying pressure, large holders, including US banks, keep accumulating BTC, indicating no capitulation yet.
Key Points:
• Bull Cycle Status: BTC is currently in Wave IV of its bull cycle; targets for completion lie between $71K–$84K. (Ledn / John Glover)
• Breakout Signals:
Above $104K: Confirms start of Wave V → next bullish leg
Below $80K: Deeper Wave IV correction before resuming uptrend
• Institutional Accumulation: U.S. banks and large holders continue to accumulate, strengthening long-term support.
• Sideways Consolidation: Geopolitical uncertainty (tariffs, trade tensions) adds short-term volatility but hasn’t triggered widespread liquidation.
Expert Insight:
Despite temporary headwinds, BTC’s structural bullish setup remains intact, with accumulation and Wave IV correction potentially setting the stage for a Wave V breakout.
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