BITCOIN - BTC | DAILY ANALYSIS : BULLISH MOMENTUM CONTINUE FOR THE 71K? CRITICAL KEY LEVELS TO WATCH
1 extracted signal · 0 resolved · 1 still active
KG TRADING - Crypto Elliott Waves27 Jul 2026, 09:40 UTC
AI-generated source summary
The analysis focuses on Bitcoin (BTCUSDT) with a 1D timeframe. The current probabilities are 60% bullish and 40% bearish. The observed price action suggests an ABCDE pattern, with the current price at approximately 65,384.0. The analysis highlights a key target of 71,384.71, which, if breached, would increase the probability of a strong uptrend. However, the failure bound for this bullish scenario is identified at 58,413.15. If the price drops below this level, it invalidates the current bullish outlook. The speaker notes that a decisive break above 70,000 would confirm a bullish continuation, potentially leading to new all-time highs. The analysis also considers an alternative bearish scenario where a larger ABCDE pattern is forming, leading to a potential decline towards the 35,000-25,000 range. The immediate focus remains on the 71,384.71 level as a critical resistance for the bullish case.
AI-generated summary based on the source content.
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KG TRADING - Crypto Elliott Waves
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