BITCOIN - BTC | DEEP ANALYSIS | HOW MUCH DEEPER BITCOIN PRICE WILL FALL DOWN?

AI-generated source summary

The analysis focuses on Bitcoin's (BTCUSDT) long-term Elliot Wave pattern on a daily chart. The primary wave count suggests that a corrective phase (wave B, then wave C) is unfolding. The price has completed wave 1, 2, 3, 4, and is now expected to complete wave 5. The current analysis points to a potential downward target at 40,763, with a stop loss (fail bound) set at 60,000. The presenter elaborates on a more complex scenario where wave 4 could be a more extended zigzag, leading to a potential double zigzag pattern before wave 5 completes. If the price breaks below 20,000, this invalidates the primary count, suggesting a deeper correction. The analysis also briefly touches on the 1-hour and 15-minute charts to support the overall bearish sentiment, highlighting the potential for further downside within existing downward channels and Fibonacci retracement levels.

AI-generated summary based on the source content.

Evidence and evaluation progress

1. Original source published

   06 Jun 2026, 17:56 UTC

   The analyst published the original source item.

2. Source recorded by Tahlil Plus

   06 Jun 2026, 18:10 UTC

   The public source was preserved as the evidence record for this case.

3. Market predictions extracted

   06 Jun 2026, 18:10 UTC

   1 eligible signal linked to this case.

4. Source processing completed

   06 Jun 2026, 18:10 UTC

   Source analysis and structured extraction completed.

5. Outcome tracking started

   07 Jul 2026, 11:29 UTC

   Tahlil Plus began monitoring the extracted predictions.

6. Live evaluation in progress

   01 Aug 2026, 03:16 UTC

   1 signal remains active.