Total Quality
Score
103545
90000.0000000000
130000
BTCUSDT
1H
The analysis suggests that the Bitcoin bear trap is playing out, shaking out traders, however, the presenter believes this is a bear trap and advises to avoid selling, seeing a bottom being created, referencing a fractal from 2024 for Bitcoin, indicating a golden cross formation. The target for Bitcoin is conservatively set between $120,000 and $130,000. A bottom target of $102,000 is mentioned. Ethereum also looks bullish remaining in a ascending triangle pattern, a break above this triangle will set a $4,000 target, relating to the Ethereum to Bitcoin ratio, spotting higher lows on the monthly chart.
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