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

AI-generated source summary

The analysis focuses on Bitcoin (BTCUSDT) on a 4-hour timeframe, identifying potential bearish price action. The current price is noted around $61,964. The video suggests two primary scenarios for wave completion and potential continuation. In the first scenario, an extended wave 5 impulse is considered, with a target price near $59,759.70. The fail bound for this scenario is placed above the current price at $63,758.50. The second scenario involves an extended wave 3 impulse with an ABC pattern, also targeting lower prices. The speaker emphasizes that the short time frame of these waves makes them less reliable. A crucial point is the lower probability of success for wave counts that require longer timeframes to complete. The analysis notes that if price breaks below a certain level, it signals further downside movement. Conversely, if the price holds support and moves up, it might indicate a corrective move. The speaker also briefly mentions the possibility of a higher probability move if price action confirms a specific pattern. The overall market sentiment leans bearish, with lower price targets being favored. The analysis highlights the importance of observing price action to confirm the validity of the wave counts and the expected downside targets.

AI-generated summary based on the source content.

Evidence and evaluation progress

1. Original source published

   08 Jun 2026, 12:30 UTC

   The analyst published the original source item.

2. Source recorded by Tahlil Plus

   30 Jul 2026, 03:39 UTC

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

3. Market predictions extracted

   30 Jul 2026, 06:30 UTC

   1 eligible signal linked to this case.

4. Source processing completed

   30 Jul 2026, 06:30 UTC

   Source analysis and structured extraction completed.

5. Outcome tracking started

   30 Jul 2026, 06:30 UTC

   Tahlil Plus began monitoring the extracted predictions.

6. First prediction resolved

   30 Jul 2026, 06:30 UTC

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

7. Case evaluation completed

   30 Jul 2026, 06:30 UTC

   All evaluable predictions in this case reached terminal outcomes.