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BTCUSDT
Long Entry 112,450.0000 2025-09-08 18:50 UTC
Target 138,000.0000 Fail 110,000.0000
Risk/Reward 1 : 10
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BTCUSDT
Pending
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
The analysis focuses on Bitcoin's potential price movement over the next several months. It identifies a volume point at 104600. Higher lows are noted, indicating positive price action. A potential bull trap is mentioned, suggesting a possible price retracement to retest support levels before a strong upward movement. The analyst suggests to be aware of a possible liquidity sweep down to 100000. If Bitcoin breaks above 124400, the all-time high, a target range of 138000 to 146000 is anticipated. The analyst believes Bitcoin could reach 150000 to 185000 once the altcoin season starts.
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