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AI-generated source summary

The analysis explores Bitcoin's current position within a support zone, outlining two potential scenarios based on Elliott Wave theory. Scenario one, the 'white count', suggests the price has bottomed out in an internal wave 4 and could rally towards $130,000, breaking above Fibonacci resistance between $119,838 and $123,309, but this scenario is valid only if the price holds above $116,930. Scenario two, the 'yellow count', considers the completion of a five-wave move and the start of a wave two correction, with support around $114,471. Under this view, a B-wave bounce is expected, followed by a C-wave decline towards $114,471, acting as a support level. The 'white count' analysis appears more plausible, due to the move downward showing a 5 wave decline. A five wave down, would mean they already completed the correction and are now pushing higher.

AI-generated summary based on the source content.

Evidence and evaluation progress

1. Original source published

   15 Aug 2025, 04:42 UTC

   The analyst published the original source item.

2. First prediction resolved

   18 Aug 2025, 01:00 UTC

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

3. Case evaluation completed

   18 Aug 2025, 01:00 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.