BTC: Elliott Wave Analysis Price Prediction | 4hr | Bitcoin Forecast & Key Level

AI-generated source summary

The analysis focuses on Bitcoin (BTC) with a primary timeframe of 4 hours. The daily outlook suggests a bearish sentiment, with a higher probability for corrective structures compared to the bearish trend. The 4-hour chart shows price action consolidating within a range, indicating a potential continuation of the bearish trend. Specifically, wave 1 of a potential 5-wave move has completed, followed by a shallow wave 2 retracement, which is considered a less probable scenario for continuation. The bearish target is set at the 0.618 Fibonacci retracement level of 60,830.57. The invalidation level for this bearish outlook is set at 65,000.00. On the 15-minute chart, price is exhibiting a more complex corrective structure, potentially a WXY pattern or a leading diagonal, with an expectation of a move towards the downside. The analysis notes that while a bullish bounce is possible, the overall bias remains bearish, anticipating further downside movement towards the lower Fibonacci levels and support zones. The immediate focus is on price action around the 63,000 to 61,500 support area, with a break below this zone expected to confirm the bearish continuation.

AI-generated summary based on the source content.

Evidence and evaluation progress

1. Original source published

   25 Jun 2026, 11:30 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, 03:04 UTC

   1 eligible signal linked to this case.

4. Source processing completed

   27 Jul 2026, 03:04 UTC

   Source analysis and structured extraction completed.

5. Outcome tracking started

   27 Jul 2026, 03:04 UTC

   Tahlil Plus began monitoring the extracted predictions.

6. First prediction resolved

   27 Jul 2026, 03:04 UTC

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

7. Case evaluation completed

   27 Jul 2026, 03:04 UTC

   All evaluable predictions in this case reached terminal outcomes.