Total Quality
Score
103850
92000.0000000000
133200
BTCUSDT
1H
The analysis identifies a potential bear trap in Bitcoin's price action. The video emphasizes a major warning signal on the daily timeframe due to Bitcoin losing strength and approaching the last EMA ribbon levels, which could lead to a new downtrend confirmation if these levels break. Despite this, the presenter believes Bitcoin remains bullish, following global liquidity upwards, and anticipates a new move higher within the cycle. An inverse head and shoulders pattern is noted with the price bouncing off the right shoulder. The analysis suggests Bitcoin's last attempt to shake out bears before a move higher towards a target of $133,200 by the end of the cycle based on the global liquidity, indicating a possible 2025 new Bitcoin move. Ethereum is also discussed, Ethereum could break the ascending triangle, but the support of $2000 is strong for accumulation for big move target for long term of $4000-$6000.
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