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 the BTCUSD pair on the 1-hour timeframe, interpreting the current market movements within a larger corrective Wave 4 structure that initiated in October. The short-term view suggests the formation of a 'Y wave' within a WXY correction. A micro five-wave move up from the December 18th low led to a local top, followed by a three-wave pullback (Wave W) and a subsequent three-wave rally (Wave X), topping around 89,937. The current market action indicates a consolidation, with micro support identified between 85,460 and 86,860. The analysis anticipates one more low as part of the Y wave of the correction. The projected target for this downward movement is approximately 78,000, inferring from the graphical representation of a Wave 5 extension. This short-term bearish outlook, derived from the current price of 87,873.81, would be invalidated if the price decisively breaks above the resistance level of 90,420. Initial micro resistance is noted between 88,064.46 and 88,902.56, with a sustained breach above 88,064.46 signaling an early indication of a bottom.

AI-generated summary based on the source content.

Evidence and evaluation progress

1. Original source published

   28 Dec 2025, 19:07 UTC

   The analyst published the original source item.

2. First prediction resolved

   02 Jan 2026, 16:00 UTC

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

3. Case evaluation completed

   02 Jan 2026, 16:00 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.