Bitcoin Elliott Wave: The Bear Market Path Ahead

AI-generated source summary

The analysis focuses on Bitcoin's potential downward trend. The primary scenario suggests that Bitcoin's recent rally was a B wave within a larger ABC correction, and that the market is now entering the C wave down. The estimated target for this C wave is around the 56,500 to 49,500 support zone, with potential lows extending to 37,500 to 32,300. Key resistance levels to watch for invalidating the bearish outlook are above 76,638. A secondary, less likely scenario considers a more complex sideways correction in the B wave, which would still lead to a downward move but possibly after further chop. The overall sentiment remains bearish in the short to medium term, with a break below the 57,000 support level being a critical indicator for further downside continuation.

AI-generated summary based on the source content.

Evidence and evaluation progress

1. Original source published

   25 Jul 2026, 18:06 UTC

   The analyst published the original source item.

2. Source recorded by Tahlil Plus

   25 Jul 2026, 18:50 UTC

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

3. Market predictions extracted

   25 Jul 2026, 18:50 UTC

   1 eligible signal linked to this case.

4. Outcome tracking started

   25 Jul 2026, 18:50 UTC

   Tahlil Plus began monitoring the extracted predictions.

5. Source processing completed

   25 Jul 2026, 18:50 UTC

   Source analysis and structured extraction completed.

6. Live evaluation in progress

   01 Aug 2026, 03:52 UTC

   1 signal remains active.