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AI-generated source summary

The analysis, based on Elliott Wave principles, suggests a potential bearish scenario for Bitcoin (BTCUSD). It presents three alternative wave counts, all indicating a possible move to the downside in the short term. The analyst expresses uncertainty about the security of Bitcoin, stating the price may reach approximately $117,000 before descending further. The analysis highlights that a truncated 5th wave has occurred because the latest high didn't exceed the previous high. The analyst also noted key price levels such as 128714.32. The analyst shows a divergence on Bitcoin dominance also which leads him to believe that a bearish scenario may occur. The bullish scenario ending diagonal pattern near 128714.32 and may lead to a bear market.

AI-generated summary based on the source content.

Evidence and evaluation progress

1. Original source published

   12 Aug 2025, 12:52 UTC

   The analyst published the original source item.

2. First prediction resolved

   25 Aug 2025, 20:00 UTC

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

3. Case evaluation completed

   25 Aug 2025, 20:00 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.