Elliott wave analysis of the market for September 17, 2026 BTCUSD
A month without swaps on majors!
Bitcoin continues to remain under pressure from which it is trying to break out. This attempt is obviously the reason for the observed weak growth of the asset, and therefore, with a high degree of probability, it has a corrective nature.
In this case, further on, this growth will quickly be replaced by another sharp downward price movement, which will lead to the completion of the development of the assumed corrective wave (iv).
There is no need to rush to make any trading decisions in this situation. However, since the downside potential within the forming correction remains insignificant, it is recommended to start looking for possible entry points for buying.
At the moment, the most safe level for this decision is 79500.
Investment idea: BUY 79500, SL 77300, TP 90000.
