BTC Price News Today - Technical Analysis and Elliott Wave Analysis and Price Prediction! In this video I talk about the Bitcoin BTC Cryptocurrency price and carry out a technical analysis. I also talk about my Bitcoin Elliott Wave count and discuss where the price could be going next.

AI-generated source summary

The analysis focuses on Bitcoin (BTCUSD) using Elliott Wave principles on the daily chart. The current price hovers around $121,851, with an expectation of a corrective pullback in Wave 4. A key support area to watch lies between $115,113 and $119,230. The video anticipates a potential dip towards $117,000 or $115,000 but suggests this wouldn't necessarily turn the market bearish, potentially being a part of wave 4. A break below the support could lead to testing previous swing lows around $108k-$109k, representing a best-case bullish scenario. It's considered probable that there already has a Wave 4 developed. Short-term analysis indicates a five-wave move down suggesting a trend in the short-term is down. For continued bullish sentiment, price needs to hold support around $115,100 otherwise invalidation. Newly added resistance is now at $123,590 if a 3 wave move reaches this area be cautious for rejection.

AI-generated summary based on the source content.

Evidence and evaluation progress

1. Original source published

   09 Oct 2025, 14:17 UTC

   The analyst published the original source item.

2. First prediction resolved

   10 Oct 2025, 18:00 UTC

   The first evaluable outcome in this case reached a terminal result.

3. Case evaluation completed

   10 Oct 2025, 18:00 UTC

   All evaluable predictions in this case reached terminal outcomes.

4. Source recorded by Tahlil Plus

   18 May 2026, 20:23 UTC

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

5. Market predictions extracted

   18 May 2026, 20:47 UTC

   1 eligible signal linked to this case.

6. Outcome tracking started

   02 Jul 2026, 01:22 UTC

   Tahlil Plus began monitoring the extracted predictions.