This video provides a professional Elliott Wave and technical analysis of Bitcoin (BTC), focusing on market structure, key support and resistance zones, and both bullish and bearish possibilities. The goal is to give viewers a clear, educational overview of Bitcoin’s market setup.

AI-generated source summary

The analysis focuses on Bitcoin (BTCUSD) using Elliott Wave theory on the 1-hour chart. The price action has been choppy with no significant movement. The analyst discusses the potential for a yellow B wave having topped and the possibility of a 1-2 setup to the downside, potentially opening the door to $99,000 or lower. Previous swing lows suggest significant support around $107334 to $109261. The 4-hour RSI was oversold, which often leads to a bounce. Resistance is expected between $110112 and $114246, a Fibonacci resistance zone for wave 2. If this is wave one down, the market should stay below $114246 in any wave two bounce. The analyst has a weak support area around $107334 to $109261. Breaching the micro support would not invalidate the yellow count, wave B can form a double bottom. Key point of interest if the price break above $114246 for a larger bounce in orange wave C of B. This can fail around $112000 or $114000. In the short term, analyst doesn't see a long opportunity in the short term because its a sideways chop.

AI-generated summary based on the source content.

Evidence and evaluation progress

1. Original source published

   01 Nov 2025, 00:47 UTC

   The analyst published the original source item.

2. Source recorded by Tahlil Plus

   18 May 2026, 20:23 UTC

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

3. Market predictions extracted

   18 May 2026, 20:47 UTC

   1 eligible signal linked to this case.

4. Outcome tracking started

   02 Jul 2026, 01:22 UTC

   Tahlil Plus began monitoring the extracted predictions.

5. First prediction resolved

   02 Jul 2026, 01:22 UTC

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

6. Case evaluation completed

   02 Jul 2026, 01:22 UTC

   All evaluable predictions in this case reached terminal outcomes.