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AI-generated source summary

The analysis focuses on Bitcoin's short-term price action, specifically detailing a 1-2 Elliott Wave setup where Wave 2 is structured as an ABC flat correction with an overshooting B-wave. The 'A' wave was a three-wave move down, followed by a 'B' wave with a three-wave upward movement, and subsequently a 'C' wave completing a five-wave downward impulse. Key Fibonacci support levels for the C-wave were identified, including 38.20% at 87,447.38, 50.00% at 86,963.22, 61.80% at 86,283.04, and 78.60% at 85,463.71. The price reached the 138.20% and 161.80% Fibonacci extensions of wave 'A' from the 'B' wave top, indicating a complete or nearly complete C-wave within the 86,063.12 to 85,583.04 range. The analyst is now observing for a bullish reaction from these support levels, which would signal the potential start of a Wave 3 move to an inferred target of 95,191. A first indication of a low would be a break above the last swing high around 88,950, with a decisive bullish confirmation requiring a break above the B-wave high at 90,550. Conversely, a decisive break below the 78.60% Fibonacci retracement level at 85,463.71 would invalidate this bullish short-term outlook.

AI-generated summary based on the source content.

Evidence and evaluation progress

1. Original source published

   23 Dec 2025, 18:18 UTC

   The analyst published the original source item.

2. First prediction resolved

   13 Jan 2026, 22:00 UTC

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

3. Case evaluation completed

   13 Jan 2026, 22:00 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.