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 analyst discusses Bitcoin's current market situation using Elliott Wave theory and RSI indicators. Although a bearish correction is evident, the analyst asserts there's no confirmation of a bear market due to sufficient support levels. A 4-hour bullish divergence is noted, however its reliability is limited. A support line is identified on the daily RSI, suggesting potential support for the price. The analyst suggests a potential bounce from around 104,400 - 106,000, while the next key support area is around 98,500. He outlines two bullish scenarios. One involves a continuation as wave 4, with a rally to new highs, where target 1 is 127436.46 or wave 5. Another scenario proposes a larger ABC structure with a one-two set-up, indicating a possible recovery with target 132402.67. Analyst says, three warning signals for the bear market will involve breaks of 55 week EMA, rejection into resistance, and the breaking of 78.6 retracement level .The analysis indicates levels that need to be broken to begin a larger recovery; 110,187.37 as resistance, while shorter time-frame, gives you idea of levels to break out for larger recovery.

AI-generated summary based on the source content.

Evidence and evaluation progress

1. Original source published

   19 Oct 2025, 16:27 UTC

   The analyst published the original source item.

2. First prediction resolved

   21 Nov 2025, 07:00 UTC

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

3. Case evaluation completed

   21 Nov 2025, 07:00 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.