BITCOIN: THE BEAR CYCLE
1 extracted signal · 1 resolved · 0 still active
MindPillar MarketsIndependent analyst profile- Source published
- 18 Aug 2026, 18:28 UTC
- Recorded by Tahlil Plus
- 18 Aug 2026, 20:42 UTC
AI-generated source summary
The analyst presents a multi-wave Elliott Wave analysis on BTCUSDT, identifying a potential ending diagonal or three-wave move down within a larger downtrend. The primary scenario suggests a potential bottoming structure around the 58,000 to 61,000 levels, followed by a bullish impulse move. The analyst highlights the importance of key resistance levels above 65,000 and 70,000. Another scenario suggests that if Bitcoin fails to break above the 85,000 resistance, it could signal a further bearish move. The current daily timeframe shows a double zigzag pattern (WXY), indicating a potential correction phase. The analyst specifically notes the potential for wave C of wave Y to extend to lower targets if the prior resistance levels hold. The analysis emphasizes a potential bullish setup if Bitcoin holds above the 58,000 to 61,000 support zone, targeting 67,000 and then 70,000, with a fail bound below 58,000.
AI-generated summary based on the source content.
Signal outcomes at a glance
Evaluation CompleteSignals in this source
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.
- Source processing completed
Source analysis and structured extraction completed.
- Outcome tracking started
Tahlil Plus began monitoring the extracted predictions.
- 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.
MindPillar Markets
Platform-wide history, separate from this source evaluation.
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