BTCUSDT Analysis by themoon

Total Quality
Score
104770
101000.0000000000
130000
BTCUSDT
1H
Fail
Free
technical
The analyst discusses Bitcoin's potential for a massive move, identifying a diamond pattern that's losing significance. Instead, he emphasizes a crucial blue line, a significant level of support and resistance. Remaining below this line signals Bitcoin isn't yet ready, but breaking through with a retest could propel it to $130,000. A stop loss below $101,000 is advised for long positions. He adds that Ethereum is in a falling wedge, a breakout could trigger a move up to $4,000. When Bitcoin dominance breaks down altcoin season is predicted. The altcoin market will have significant upside potential.
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