BTC: Elliott Wave Analysis Price Prediction | 4hr | Bitcoin Forecast & Key Levels
1 extracted signal · 1 resolved · 0 still active
Koenz TradingIndependent analyst profile- Source published
- 03 Aug 2026, 09:51 UTC
- Recorded by Tahlil Plus
- 03 Aug 2026, 11:09 UTC
AI-generated source summary
The analysis focuses on Bitcoin (BTCUSDT) on the 4-hour timeframe. The current price is around $62,334. The primary wave count suggests a potential bullish continuation after a recent price consolidation. The speaker identifies a potential wave W, X, and Y structure, indicating a possible move upwards. The target price for this bullish move is projected at $66,000. The invalidation level, or fail bound, for this bullish scenario is set at $61,000. If the price breaks below this level, the bullish thesis would be invalidated. The analysis also touches upon macroeconomic news, noting potential volatility from upcoming economic data releases, particularly from Europe and the US (like Non-Farm Payrolls and Unemployment Rate), which could influence short-term price action but the primary focus remains on the charted wave structure.
AI-generated summary based on the source content.
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Evaluation CompleteSignals in this source
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1 eligible signal linked to this case.
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Koenz Trading
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