US Dollar Forecast: DXY Holds Near 98.90 as Fed Rate Cut Decision Looms FXEmpire
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$BTCUSD: Inside an ending diagonal
$BTCUSD: Inside an ending diagonal
Bitcoin / U.S. dollar BITSTAMP:BTCUSD
BTCUSD : I believe this is an expanded flat correction for a Wave ii since the July 2025 high. The expanded flat has completed Wave A down to the August 2025 low, Wave B up to the Oct 6 high and we have been in an ending diagonal for Wave C of this ending diagonal since Oct 6.
The ending diagonal has completed 3 waves at the $98K-ish low. We're now in Wave 4 to the trendline (probably above $107K). Afterwards, I expect a Wave 5 down as the very last leg of this correction since the July 2025 high. Wave 5 in an ending diagonal can be truncated. So I'm guessing, after reaching the down-sloping trendline to complete Wave 4, a pullback to between 50% retracement (between $104K to slightly exceeding $98K) would end the entire correction and start Wave III up to new ATHs.
source https://www.tradingview.com/chart/BTCUSD/ug4tJgE6-BTCUSD-Inside-an-ending-diagonal/
source https://www.cryptomadden.com/2025/11/btcusd-inside-ending-diagonal.html
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