BITCOIN - BTC | DAILY ANALYSIS: PRICE DECISION AHEAD? TARGETS & KEY LEVELS TO WATCH
1 extracted signal · 0 resolved · 1 still active
KG TRADING - Crypto Elliott WavesIndependent analyst profile- Source published
- 07 Sept 2026, 08:54 UTC
- Recorded by Tahlil Plus
- 07 Sept 2026, 12:21 UTC
AI-generated source summary
The analysis suggests that Bitcoin is currently in a bullish trend, with a 60% probability of continuing upwards, while a 40% probability indicates a bearish outlook. The current price is observed at approximately 79,190.00. A bullish target is set at 97,000.00, which is further supported by wave analysis, indicating a potential wave 1 completion followed by a 3-wave corrective pattern (ABC) for wave 2, leading to further upside for wave 3. The primary target for this wave 3 is identified within the 86,327.00 to 95,525.00 range, with a potential extension to 97,000.00. However, if the price falls below 71,558.99, the bullish invalidation level, the scenario would shift to a bearish outlook. For the bearish scenario, the analysis points to a potential wave C correction completing within the 44,364.00 to 56,229.00 range, with a minimum target at 47,394.00. This pattern is seen as a potential double top formation on the 15-minute chart.
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KG TRADING - Crypto Elliott Waves
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Tahlil Plus independently records and evaluates public market predictions. Extraction may be AI-assisted and results follow the Tahlil Plus methodology. This information is not financial advice.