BTCUSDT Analysis by harmynder

The analysis identifies significant gap ups in SPX, NDX, DIA and IWM due to the CPI report showing lower than expected inflation. A similar movement is seen in bitcoin which touched closer to 100k. On longer term chart, US500 futures came closer to a neutral zone before bouncing. The analyst posits that if one is bullish then a target is 6325 by spring 2025 or if bearish then 5320 . The RSI has a light green background on longer term charts so that indicates where to short, and inversely for RSI green lines you would be looking to buy. In the Day trading charts, NQ is in the red sell zone and other indices are also in the sell zone, bitcoin is also cooling after reaching the red line. The analyst also provides levels in USOIL where it could try to reach $84. He mentions a gap down in UNH which would need to be filled before further growth. The analysis includes also levels for GSCI, SHI and Wheat. Finally he mentions that the dollar is finding support and if it breaks through it might reach a target of 114. All of these are with no particular specific time frame but mostly looking for 2025.