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 price action, identifying a potential completion of an ABC corrective structure within a larger Wave 4 on the daily timeframe. The C-wave of this correction has reached the 50% retracement level of the resistance area, which falls between 96,906.14 and 98,413.91. While this area is an ideal target for bears to emerge, the current upward movement is still considered incomplete on a shorter timeframe. On the 1-hour and 30-minute charts, the C-wave is interpreted as an impulsive five-wave structure. Waves 1, 2, 3, and 4 are identified, with Wave 4 being a three-wave pullback. The analysis anticipates one more high (Wave 5) to complete the overall C-wave. This final Wave 5 is projected to reach the 100% extension level at 99,392.15, which is considered an ideal target. The analysis highlights that a breakdown below the previous swing low at 93,949.53 on the shorter timeframes would serve as the first strong indication of a top and invalidate the immediate bullish outlook towards the Wave 5 target. Conversely, sustained price action above this level supports the ongoing bullish momentum towards the projected target.

AI-generated summary based on the source content.

Evidence and evaluation progress

1. Original source published

   16 Jan 2026, 04:29 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, 20:48 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.