📊 One Month After the US Elections: What’s Happening in the Crypto Market?

🔹 BTCUSDT
Bitcoin has completed the third wave of growth according to Elliott Wave theory and has entered a corrective 4th wave. To confirm the scenario of a decline to $87,545 (the 0.38 Fibonacci level), BTC must break the minimum of $94,150. An alternative scenario is the formation of an ABCDE triangle followed by a recovery in growth.

🔹 DOGEUSDT
Dogecoin 🚀 has risen by 265% over the past month, but is now also entering the 4th corrective wave. The expected support zone is $0.33 (0.38 Fibonacci). This level could become the starting point for new growth in 2025.

📝 Conclusion: The crypto market is preparing for consolidation before the next growth phase in 2025. It’s time to monitor support levels and prepare portfolios!

🔗 Read the full article on Medium.