BITCOIN WILL MOONSHOT TO $150K! BUT THAT DOESN'T MEAN THIS CORRECTION IS OVER. If you are leverage long Bitcoin, BE CAREFUL!!!
1 extracted signal · 1 resolved · 0 still active
Crypto Jebb05 Aug 2025, 02:44 UTC
AI-generated source summary
Bitcoin is at a critical juncture, requiring a $5000 rally within weeks to avoid a large corrective movement. The prior corrective movement, dropping to $112,000 from $119,000, was healthy due to liquidating over-leveraged longs. Bitcoin currently faces resistance at $115,700. Examining the weekly chart, a widening resistance zone is forming. On the daily chart, Bitcoin is below an up-trending support level, having filled the CME futures gap between $114,000 and $115,000. Bitcoin now needs to move back through this level. The analysis also highlights a flat resistance level at $115,000. Unless there's a strong breakout the presenter expects a 5 wave corrective movement below 112. A break above $118,000 is needed to signal upward potential. A trend line is marked to a possible target of $250,000 by the end of the decade, for the analysis to be right a failure for BTCUSD would be if price reaches 111371.
AI-generated summary based on the source content.
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