BTCUSDT Analysis by @intothecryptoverse

Total Quality
Score
110050
99000.0000000000
114000
BTCUSDT
1H
Pending
Free
Analysis Predict Bull Market
crypto
Technical
The analysis discusses Bitcoin's bull market support band, currently ranging from 94k to 96k. A rally occurred post death cross then with the golden cross price dropped approximately 10%, finding support at the 50-day moving average. Historically Q3 is the area where Bitcoin often revisits the support band. Expect short-term Bitcoin dominance should continue, outperforming altcoins. For Bitcoin to rally to all time highs requires breaking 114000, otherwise anticipate weakness into Q3. It is assumed that August and September are not the best month. It could mean the bull stay in control. If a black swan event occurs, Bitcoin might visit support line again. If the price not break it, is possible to test ATH again.
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