Is the Bitcoin Bottom In? The Level That Decides
1 extracted signal · 0 resolved · 1 still active
More Crypto OnlineIndependent analyst profile- Source published
- 21 Aug 2026, 01:00 UTC
- Recorded by Tahlil Plus
- 21 Aug 2026, 01:45 UTC
AI-generated source summary
The analysis focuses on Bitcoin (BTCUSDT) on a 30-minute timeframe. The speaker identifies a five-wave upward movement that began on Wednesday from a low around 67,869. The price action is currently in what is interpreted as the fifth wave. The analysis suggests that a pullback or consolidation is likely to occur over the weekend, potentially within the support zone defined by the 4th wave. This support zone is estimated to be between 67,580 and 70,436. A break below the swing low formed today, which is around 67,580, would be the first signal that a local top has formed for Bitcoin. The prediction is for continued bullish momentum, with a target of 70,436, but with a potential for a corrective move before further upside.
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