Join our Safe and Private Discord Community → Daily analysis requests, Elliott Wave education & Q&As.

AI-generated source summary

The analysis utilizes Elliott Wave theory and several indicators to forecast Bitcoin's price movement. Initially, Bitcoin's path from its all-time high was identified as a potential wave C unfolding as an expanding diagonal, ultimately suggesting a target around 68,000 USD within a larger corrective pattern. However, the current focus is on an immediate bullish impulse, specifically a 1-2-3-4-5 wave structure. Wave 4 of this impulse has completed a retracement between the 0.382 (94,511.91 USD) and 0.5 (93,468.74 USD) Fibonacci levels. The prediction is for Wave 5 to target approximately 100,000 USD. A break above 103,000 USD would confirm a stronger bullish scenario. Proprietary indicators on lower timeframes (3m, 1m) display bullish divergences and signals, supporting this short-term upward momentum. On the 1-hour chart, MACD and RSI are neutral, while the 4-hour chart shows RSI above the center line and decreasing MACD momentum, hinting at a bullish cross. The daily chart indicates favorable conditions for continued upward movement this week, with RSI potentially retesting the oversold area. The weekly chart also presents a bullish divergence in RSI and decreasing MACD momentum, suggesting a green candle. Despite a bearish cross on the monthly MACD for the long term, the immediate outlook is for Bitcoin to reach 100,000 USD. After this immediate target, a continuation of the bear market is anticipated, potentially pushing prices lower to retest the 200 EMA on the weekly chart around 68,000 USD.

AI-generated summary based on the source content.

Evidence and evaluation progress

1. Original source published

   18 Jan 2026, 17:33 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.