Bitcoin (BTC) Intraday Analysis | What to Expect Next? Targets & Key Levels
1 extracted signal · 1 resolved · 0 still active
KG TRADING - Crypto Elliott Waves29 May 2026, 14:04 UTC
AI-generated source summary
The analysis focuses on Bitcoin (BTCUSDT) using a 1-hour timeframe. The current trend is identified as bearish, with a potential for a more significant downturn. However, the analysis suggests a possible ABC corrective pattern, indicating a potential upward movement as part of a larger structure. The speaker outlines a scenario where Bitcoin might complete a three-wave up structure, followed by another three waves down. Alternatively, a larger corrective wave could unfold, leading to a zigzag pattern with waves of three, three, and five. The key levels highlighted are 71,973.95, 70,526.02, and 69,210.55, with a projected target range between 90,000 and 100,000. The failure point for the bullish scenario is set at 71,500, below which further downside is expected.
AI-generated summary based on the source content.
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- Market predictions extracted
1 eligible signal linked to this case.
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- First prediction resolved
The first evaluable outcome in this case reached a terminal result.
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All evaluable predictions in this case reached terminal outcomes.
Signals in this source
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