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Bitcoin Price Forecast: BTC Holds $73K Support as Elliott Wave Setup Targets $90K

The immediate outlook depends on $72,994, our fourth warning level for the bulls. A sustained break below this support would weaken the fifth-wave setup and raise the risk that the rally from the August low has already completed. The…

FXEmpire

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Sep 2, 2026 at 7:14 PM UTC · 1 min de leitura

Bitcoin Price Forecast: BTC Holds $73K Support as Elliott Wave Setup Targets $90K
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Key Signal

$72,994 Key BTC support level

Entities

bitcoin

Market Impact

BTC+5.60%$81,639

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Source: StockCharts.com

The immediate outlook depends on $72,994, our fourth warning level for the bulls. A sustained break below this support would weaken the fifth-wave setup and raise the risk that the rally from the August low has already completed. The formal Elliott Wave invalidation level sits at $66,919 because wave iv should not overlap wave i in a standard impulse.

Bitcoin Price Forecast: $81,330 Breakout Opens the Door to $90K

For now, the decline from $81,330 appears corrective rather than impulsive, consistent with a fourth-wave pause or bull flag. A move back through the $79,000–$81,330 resistance zone would support a fifth-wave advance toward $85,200–$95,400. Conversely, a daily close below $72,994 would shift attention to $66,919 and signal a deeper retracement.

Follow the Story

  1. Sep 2Bitcoin Price Forecast: BTC Holds $73K Support as Elliott Wave Setup Targets $90K
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Originally reported by FXEmpire

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Market Context

Bitcoin

BTC

$81,603

+5.56% (24H)

Market Cap

$1.64T

24H Volume

$27.7B

24H High

$81,720

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