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's short-term price action, detailing the unfolding of an internal Wave 4 correction within a larger bullish structure. The overarching expectation is for the market to complete a larger degree Roman Wave IV bounce, leading to a subsequent upward movement towards Circle Wave C. This Circle Wave C is identified as a five-wave impulsive pattern. Current market conditions indicate a Wave 4 pullback, following the completion of internal waves 1, 2, and potentially 3. Fibonacci retracement levels for this Wave 4 correction are identified at 23.60% (92,879.30), 38.20% (91,743.95), and 50.00% (90,836.41). A decisive break below the 50% retracement or the critical support line at 90,434.04 (representing the low of Wave 1) would invalidate the bullish short-term outlook and could lead to a retest of the December lows. Conversely, a breakout above the Monday high of approximately 94,850 is anticipated to propel Bitcoin towards a target zone of 97,000 to 98,000, with a specific target at 98,392.15, aligning with the projected completion of Circle Wave C. The analysis notes the possibility of a triangle formation within Wave 4, though current evidence is insufficient for such a pattern.

AI-generated summary based on the source content.

Evidence and evaluation progress

1. Original source published

   07 Jan 2026, 16:49 UTC

   The analyst published the original source item.

2. First prediction resolved

   08 Jan 2026, 06:00 UTC

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

3. Case evaluation completed

   08 Jan 2026, 06:00 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.