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AI-generated source summary

The analysis indicates Bitcoin is consolidating near the 61.8% Fibonacci retracement level at $116,930. Two scenarios are considered on the shorter timeframe chart. The key support is noted at $114,471, while resistance is present around $123,000-$124,000, suggesting a range-bound movement. The primary analysis suggests a five-wave move upwards as wave one, leading to a potential A-wave down, followed by a B-wave. The analyst suggest a target of 121450 as a good B-wave and holding support at 114471 as an ABC structure.A decisive break below $114,471 would invalidate the current bullish to range-bound outlook.

AI-generated summary based on the source content.

Evidence and evaluation progress

1. Original source published

   16 Aug 2025, 16:12 UTC

   The analyst published the original source item.

2. First prediction resolved

   19 Aug 2025, 04:00 UTC

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

3. Case evaluation completed

   19 Aug 2025, 04:00 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.