Elliott wave analysis of the market for October 1, 2026 BTCUSD

BTCUSD: SELL 82850, SL 84300, TP 77000.

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Bitcoin continues its desperate resistance. This has once again delayed the emergence of another downward wave of the anticipated correction.

It is likely that a downward movement will occur today after all. It may turn out that the formed downward wave will become a full-fledged final one for the zigzag correction. After this, price growth will resume.

However, it is necessary to monitor how events develop subsequently. For now, it is recommended to consider opening a sell trade at current market prices.

Investment idea: SELL 82850, SL 84300, TP 77000.