BTCUSDT Analysis by @CryptoGooss

The analysis begins by comparing the last summers of the bitcoin cycle, observing that they are usually bullish. The narrator predicts that history will repeat itself in 2025. In the short term bitcoin is about to break out, and we will see a major bitcoin move initiated around the beginning of may. This move followed a breakdown out of the ascending triangle which is now confirmed a fake out and bounce back into the triangle, while there has been new support, a CME gap at $104312 must be considered. In general bitcoin is following the global liquidity index, moving to the upside in general. For Ethereum, it is still consolidating. a big breakout might be coming soon. The narrator notes Ethereum has strong bullish price action. There will be initial resistance at 0.5 Fibonacci level, and he expects a further movement to 0.8 at around $3000. If it goes to the downside $2106 is a key level and then back to the upside. Overall the conservative case target level is around $4000, if the market is very bullish then Ethereum can go to new all time high above $6000. A lot of money is flowing into the Ethereum ecosystem so weekly engagement is hitting all time high. He mentions the chart SOLETH the Solana / Ethereum pair and says that Solana has fallen. As that support may break Ethereum may explode. Ethereum sees a positive trend in ETH ETFs. Total Ethereum Net Assets are around $9.4 billion. Therefore, overall it will be a good summer and bull run for Bitcoin and Altcoins.