Does News Influence Elliott Wave Counts?

AI-generated source summary

The analysis focuses on Bitcoin (BTCUSDT) and Ethereum (ETHUSDT) using Elliott Wave Theory. For BTCUSDT, the analysis suggests a bullish continuation after a recent low around 49K. The price is expected to move higher, with a target of 72K. The fail bound for this bullish prediction is set at 58K, meaning if the price drops below this level, the bullish thesis would be invalidated. The timeframe for this analysis is the weekly chart. The speaker emphasizes a pure technical approach, not relying on news or tweets, but acknowledges that fundamental news can increase volatility, requiring awareness. For ETHUSDT, the analysis indicates a bearish outlook, implying a continuation of a bear market. The target for the bearish move is 2500, with a fail bound at 3200, suggesting that if the price rises above 3200, the bearish prediction would be invalidated. The analysis highlights that the high at 72K was expected to be taken out, implying a previous bullish move in BTC that has now led to a bearish sentiment in ETH.

AI-generated summary based on the source content.

Evidence and evaluation progress

1. Original source published

   08 Jul 2026, 12:30 UTC

   The analyst published the original source item.

2. Source recorded by Tahlil Plus

   15 Jul 2026, 15:47 UTC

   The public source was preserved as the evidence record for this case.

3. Market predictions extracted

   27 Jul 2026, 03:21 UTC

   1 eligible signal linked to this case.

4. Source processing completed

   27 Jul 2026, 03:21 UTC

   Source analysis and structured extraction completed.

5. Outcome tracking started

   27 Jul 2026, 03:21 UTC

   Tahlil Plus began monitoring the extracted predictions.

6. Live evaluation in progress

   01 Aug 2026, 02:06 UTC

   1 signal remains active.