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 Bitcoin market experienced quiet movement over the weekend, registering a marginally lower low before bouncing from a critical support area. The price initially tested the 61.8% Fibonacci retracement level at $87,693.92, confirming its relevance as support. Subsequently, the market ascended into a resistance zone, specifically targeting the 61.8% retracement level at $91,896.96 within this micro-resistance band. Two primary Elliott Wave scenarios are being tracked: the orange count suggests a completed third wave on November 21st, followed by an ABC correction forming Roman wave IV, and a potential decline into wave 5 targeting approximately $70,000. This bearish scenario requires a decisive break below the 78.6% Fibonacci level at $85,988.45 for confirmation. Alternatively, the blue count posits a broader wave IV unfolding as a WXY corrective structure, with the Y wave forming an ABC pattern leading to a new high, targeting $96,872.05 to $102,258.49. This bullish scenario remains valid as long as the market maintains levels above $85,988. The analyst expresses a preference for the bullish 'blue scenario' due to perceived imperfections in the alternative count's ABC structure. The current market phase is characterized as sideways consolidation, with no clear directional signals at this juncture. Further confirmation for the bullish outlook would require a break above the existing resistance, while a rejection and a breach of the intraday low would strengthen the bearish case.

AI-generated summary based on the source content.

Evidence and evaluation progress

1. Original source published

   08 Dec 2025, 01:57 UTC

   The analyst published the original source item.

2. First prediction resolved

   15 Dec 2025, 17:00 UTC

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

3. Case evaluation completed

   15 Dec 2025, 17:00 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, 20:48 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.