Bitcoin Wave Analysis

Bitcoin: ⬇️ Sell

– Bitcoin reversed from resistance zone

– Likely to fall to support level 76000.00

Bitcoin cryptocurrency recently reversed from the resistance zone between the multi-month resistance level 82000.00 (which stopped the price multiples times in May) and the upper daily Bollinger Band.

The downward reversal from this resistance zone stopped the earlier minor impulse wave 5 from the start of September.

Given the strength of the resistance level 82000.00, Bitcoin can be expected to fall further to the next support level 76000.00 (which stopped earlier correction 4).

Bitcoin Wave Analysis – 8 September 2026


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