BTC: Elliott Wave Analysis Price Prediction | 15m | Bitcoin Forecast & Key Levels

AI-generated source summary

The analysis focuses on Bitcoin (BTCUSDT) on a 15-minute timeframe. The current market trend is identified as bearish. The presented scenario outlines a potential ABC zigzag correction pattern to the downside. Wave 1 is considered to have completed, with the current price action potentially forming wave 2. A target price is projected at 63750.00, which aligns with the 1.618 Fibonacci extension of wave 1. The failure bound for this bearish outlook is set at 65150.00. If the price moves above this level, it would invalidate the current bearish count, suggesting a potential for a larger corrective structure, possibly a double zigzag (WXY), which could lead to price moving upwards. The analysis also notes that the ratio between wave 1 and wave 2, if they are of a lower degree, might be considered equal, which is a valid scenario for a bearish multi-wave pattern. The key is to observe if price breaks the support level at 63750.00 to confirm the bearish move.

AI-generated summary based on the source content.

Evidence and evaluation progress

1. Original source published

   20 Jul 2026, 11:52 UTC

   The analyst published the original source item.

2. Source recorded by Tahlil Plus

   20 Jul 2026, 12:43 UTC

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

3. Market predictions extracted

   20 Jul 2026, 12:44 UTC

   1 eligible signal linked to this case.

4. Source processing completed

   20 Jul 2026, 12:44 UTC

   Source analysis and structured extraction completed.

5. Outcome tracking started

   20 Jul 2026, 12:44 UTC

   Tahlil Plus began monitoring the extracted predictions.

6. First prediction resolved

   21 Jul 2026, 01:33 UTC

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

7. Case evaluation completed

   21 Jul 2026, 01:33 UTC

   All evaluable predictions in this case reached terminal outcomes.