Elliott wave analysis of the market for November 12, 2026 BTCUSD
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BTCUSD: BUY 74000, SL 72000, TP 95000.
Nothing significant or interesting has happened with Bitcoin yet. The asset continues to remain under pressure but is trying not to drop even lower.
For this reason, the scenario previously considered remains relevant. It is expected that the corrective decline took the form of a triple zigzag and has completed.
Therefore, at the moment, preparation for a strong impulsive rally is underway.
Thus, it makes sense to consider buying at current market levels with a potential upward target in the 95000 area.
Investment idea: BUY 74000, SL 72000, TP 95000.