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BTCUSDT
Long Entry 115,997.0000 2025-09-12 23:19 UTC
Target 123,588.0000 Fail 112,000.0000
Risk/Reward 1 : 2
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BTCUSDT
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
The analysis discusses Bitcoin's price action and dominance. Bitcoin is currently holding the bull market support band after bouncing in September. The analyst notes an August high and a potential September low. Bitcoin dominance should reverse course in September. The analyst speculates BTC could follow 2017 and 2020 behavior breaking all-time high. The two potential scenarios are a slow grind to ATH, or consolidation with an initial dip and testing 20 week SMA. Key support is around 112000 and all time high target is around 123588 for BTC and BTC dominance is expected to reach 68.86 by the end of the cycle.
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