Total Quality
Score
104492
115000.0000000000
93226
BTCUSDT
1H
The analysis uses the Bearish Shark Harmonic pattern to predict Bitcoin's price movement. This pattern, which has been accurate in the past, indicates a potential downtrend. It notes Bitcoin hit a high of $110,000 before reversing. The analysis identifies specific target levels: $99,000, $91,000, and a target area between $86,000 and $80,000. The 0.5 Fibonacci level at $93,226 aligns with the yearly open. A break below this level could lead to further declines, a return to 78,000 and even 69000 is mention, and if the price exceeds 115000 the analysis could be invalidated.
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