BTCUSDT Analysis by @TheMoon

The analysis focuses on Bitcoin (BTCUSD). According to the presenter, the most critical level for Bitcoin to surpass is indicated by a white trendline. The presenter suggests that breaking this line led Bitcoin into a bear market in 2021. Currently, the presenter anticipates a small correction but doesn't expect a bear market. Once Bitcoin surpasses the trendline, the presenter predicts a rally. There's a potential inverse head and shoulders pattern forming, with a first target of $152,000. The analysis also identifies a larger inverse head and shoulders pattern, estimating a target of $186,383 if it breaks out. The presenter emphasizes that a break of the resistance would be the best moment to open a trade.