Let's provide another update to the Bitcoin bull market support band. We will also briefly discuss the relationship of #Bitcoin price action with over moving averages, like the 50W and 200W SMAs.

AI-generated source summary

The analysis focuses on Bitcoin's weekly chart, specifically examining the bull market support band, comprised of the 20-week SMA and the 21-week EMA. The bull market support band currently ranges from approximately $95,600 to $98,400. The presenter notes Bitcoin's recent 7% move upwards, bringing it to around $108,000, not far from previous all-time highs. Emphasis is placed on the 50-week SMA. The video posits a pattern where Bitcoin pulls back below the bull market support band in Q3 of the year, similar to previous instances in Q3 2023, Q3 2024, and Q1/Q2 2025, the analysis questions if this pattern will continue, while the presenter indicates that a drop to 50 week SMA is likely. The target is inferred, around $117410, which if not reached before further retracement would mean more downside. The presented also indicates his preference in keeping portfolio more allocated to Bitcoin than altcoins.

AI-generated summary based on the source content.

Evidence and evaluation progress

1. Original source published

   30 Jun 2025, 06:42 UTC

   The analyst published the original source item.

2. First prediction resolved

   11 Jul 2025, 05:00 UTC

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

3. Case evaluation completed

   11 Jul 2025, 05:00 UTC

   All evaluable predictions in this case reached terminal outcomes.

4. Source recorded by Tahlil Plus

   18 May 2026, 20:23 UTC

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

5. Market predictions extracted

   18 May 2026, 20:46 UTC

   1 eligible signal linked to this case.

6. Outcome tracking started

   02 Jul 2026, 01:22 UTC

   Tahlil Plus began monitoring the extracted predictions.