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.
1 extracted signal · 1 resolved · 0 still active
More Crypto Online17 Oct 2025, 21:48 UTC
AI-generated source summary
The analysis suggests a bearish trend for Bitcoin, with a potential target of $98,000. It highlights that there is currently no reliable reversal signal to the upside since the flash crash, and the pressure still appears downward. A break below the support line at around $107,500 reinforces the sell-off mode. The analysis considers two scenarios with a primary expecting aiming for $98,000, or even a little lower and the secondary will invalidate the analysis if price pushes over $109740. The quality of data is a bit messy since last Friday. Unless a five-wave move up or break above resistance occurs, the pressure remains downward. The analysis suggests the market may potentially trend even lower due to selling pressure. The current sentiment is grim, with many calling for a bear market start, though the presenter awaits further evidence.
AI-generated summary based on the source content.
Evidence and evaluation progress
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The first evaluable outcome in this case reached a terminal result.
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1 eligible signal linked to this case.
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Signals in this source
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Tahlil Plus independently records and evaluates public market predictions. Extraction may be AI-assisted and results follow the Tahlil Plus methodology. This information is not financial advice.
