Total Quality
Score
110682
100000.0000000000
130000
BTCUSDT
1H
The analysis suggests Bitcoin is in the final phase of its 4-year cycle, expected to reach $120,000-$130,000. A golden cross is forming, which should result to higher prices, with possible consolidation before the upward move. The RSI indicates a bearish divergence. Ethereum is predicted to attack new all-time highs, targeting $4,000 based on previous patterns. The analysis of altcoins outside of the top 10 also shows bullish momentum according to MACD. The Bitcoin dominance is expected to move downwards giving way to altcoin season. BlackRock is reported to have purchased almost $900 million worth of Bitcoin, and a significant inflow was seen into the spot Ethereum ETF yesterday, suggesting strong institutional interest.
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