Join our Safe and Private Discord Community where you can get a daily analysis request and more critical updates for the crypto market, Elliot wave education and Q&As.

AI-generated source summary

The analysis indicates that Bitcoin is currently in a potential wave two of an expanding flat correction, following a 1-2-3-4-5 wave sequence. The target is approximately 110706.76, based on Fibonacci extension levels. The current price is about 109546.99. There's a strong possibility the price will reverse after reaching the 1.38 Fibonacci level. The analyst suggests considering a deeper wave four which would invalidate the initial wave count around 106500. The analyst also considers alternative scenarios including triple one-two's, leading to lower prices. The broader view points to a potential bearish trend, particularly if the price fails to sustain above the blue box levels.

AI-generated summary based on the source content.

Evidence and evaluation progress

1. Original source published

   01 Sept 2025, 17:36 UTC

   The analyst published the original source item.

2. First prediction resolved

   02 Sept 2025, 08:00 UTC

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

3. Case evaluation completed

   02 Sept 2025, 08:00 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, 20:47 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.