BTCUSDT Analysis by @CryptoGooss

The analysis suggests Bitcoin is forming an inverse head and shoulders pattern, indicating a bullish trend with a target of $135,000, and if the price goes below $95,000 then the analysis will be invalidated. The analyst points out that the consolidation within a triangle formation on the daily timeframe supports a breakout. The analysis also looks at the global liquidity index aligning with the price movements. It notes that funding rates are about to turn negative, which the analyst uses as a bottom indicator. The analysis also mentions that Iran and Israel escalating situation could have big impact in the market. A potential buying point could happen with Bitcoin at $102,000. Ethereum is also ranging the same as Bitcoin and the analysis suggests Ethereum will break to the top side with high momentum with a target of $3,000 and if the price goes below $2300 then the analysis will be invalidated . It is important to watch if Ethereum moves to the low range because it could be a buying opportunity. As the cycle comes to an end, the analyst expects altcoins will catch up with Bitcoin.