BITCOIN - BTC | Intraday Analysis: Bear Market Continues or Another Reversal Ahead?
1 extracted signal · 1 resolved · 0 still active
KG TRADING - Crypto Elliott Waves24 Jul 2026, 13:35 UTC
AI-generated source summary
The analysis focuses on Bitcoin (BTCUSD) using a 2-hour timeframe. The current price is approximately $64,655. The primary bearish scenario suggests a target price of $63,758.29. The invalidation point for this bearish trend is set at $65,253.42. The observed price action shows a potential ABCDE corrective pattern for wave 4, followed by a potential wave 5 downwards. The MACD indicator on a 15-minute chart also indicates bearish momentum, supporting the potential for further downside. The analysis highlights key Fibonacci levels, with the 0.5 level at $64,683.02 and the 0.618 level at $64,139.09, which are critical for determining the continuation of the bearish trend. If the price fails to break the key level of $63,758.29 and instead breaks above $65,253.42, the bullish probability increases, potentially leading to a new wave 4 unfolding or a diagonal pattern for ABC.
AI-generated summary based on the source content.
Evidence and evaluation progress
- Original source published
The analyst published the original source item.
- Source recorded by Tahlil Plus
The public source was preserved as the evidence record for this case.
- Market predictions extracted
1 eligible signal linked to this case.
- Outcome tracking started
Tahlil Plus began monitoring the extracted predictions.
- Source processing completed
Source analysis and structured extraction completed.
- First prediction resolved
The first evaluable outcome in this case reached a terminal result.
- Case evaluation completed
All evaluable predictions in this case reached terminal outcomes.
Signals in this source
More Prediction Case Files from KG TRADING - Crypto Elliott Waves
BITCOIN - BTC | Weekly Close: Reversal Ahead or Will the Drop Continue?
BITCOIN - BTC | Intraday Analysis: How Much Deeper? Targets & Key Levels
BITCOIN - BTC | Technical Breakdown: Can the Bulls Take Back Control?
BITCOIN - BTC | Price Analysis Today: Breakout Confirmed or Fake Move?
ETH, SOL, SUI, RENDER, FET & INJ | Altcoins Analysis Today: Key Levels & Next Targets
BITCOIN - BTC | Price Analysis Today: Decision Time! Key Levels & Targets to Watch
KG TRADING - Crypto Elliott Waves
Tahlil Plus independently records and evaluates public market predictions. Extraction may be AI-assisted and results follow the Tahlil Plus methodology. This information is not financial advice.