BTCUSDT Analysis by @DataDash

Total Quality
Score
116832
110000.0000000000
124000
BTCUSDT
1H
Free
Analysis Predict Bull Market
crypto
Technical
The analysis suggests Bitcoin is moving towards $120,000. Prior to the current move, the price lingered around $108,000 to $105,000. A bullish divergence was noted, with shorts failing to push the price lower. The analyst points to potential resistance areas using Fibonacci extension levels, identifying $119,500 and $124,000 as possible stall points. Clearing $124,000 could lead to further upward movement. Intraday, a slight pullback towards $110,000 was anticipated before the upward surge. A bounce occurred from the daily pivot, driving the price higher. Price discovery mode indicates no previous resistance levels to stop upward trend.
Principled
Comprehensible
Accurate
Fast Result