Bitcoin Price Analysis: Bear Market Targets

Added: 2026-05-25

[00:00:00]Bitcoin is still under pressure. Bitcoin has not managed to form a local low. So, we're going to take a look at the micro structures on the Bitcoin chart in today's video. But, also here on the higher time frame, it's worth to remind ourselves where we are. And also, to get an idea of the downside targets in this bear market. I also will take a look at Bitcoin dominance in this video.

[00:00:25]We haven't done that for a long time.

[00:00:27]So, you will be able to see our Elliott wave count on the Bitcoin dominance chart. But, let us first start on the daily Bitcoin chart. And as you probably know from previous updates, we are currently dealing with a correction, possibly a wave two correction labeled A, B, C. And the C wave might have started already. We're going to take a look at that on the smaller time frame.

[00:00:53]But, I can tell you that if the C wave has started, yeah, it's not confirmed yet. But, if it started, then it should take the price probably towards $40,000 or slightly lower.