BTC: Elliott Wave Analysis Price Prediction | Weekly | Bitcoin Forecast & Key Levels

AI-generated source summary

The analysis focuses on Bitcoin (BTCUSDT) on a weekly timeframe, identifying a bearish trend. The primary scenario suggests an unfinished corrective movement, expecting a continued downtrend. Specific targets are not explicitly stated as a single number for the final wave C, but implied targets are between 66.3k and 54.7k for the earlier parts of the pattern, with potential further downside to around 41.7k. The alternative scenario suggests a potential wave B rebound to the 0.786 Fibonacci retracement level (approximately 78.7k) before continuing downwards. The overall bias remains bearish, with key support levels to monitor being around 54.7k and 50k, breaking which would confirm further downside. The analysis highlights the importance of the current price action relative to these levels and wave structures for future directional bias.

AI-generated summary based on the source content.

Evidence and evaluation progress

1. Original source published

   01 Jul 2026, 09:27 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

   15 Jul 2026, 17:24 UTC

   1 eligible signal linked to this case.

4. Outcome tracking started

   15 Jul 2026, 17:24 UTC

   Tahlil Plus began monitoring the extracted predictions.

5. Source processing completed

   15 Jul 2026, 17:24 UTC

   Source analysis and structured extraction completed.

6. Live evaluation in progress

   01 Aug 2026, 03:38 UTC

   1 signal remains active.