In this video, I give my short, medium and long-term price targets for Bitcoin.
1 extracted signal · 1 resolved · 0 still active
G Crypto12 Jul 2025, 10:25 UTC
AI-generated source summary
The video provides a technical analysis of BTCUSD, noting that Bitcoin has put in new all-time highs, currently at $117,835. The analysis identifies $112,000 as the previous all-time high from May 22nd. The analyst suggests Bitcoin tends to go parabolic after breaching prior all-time highs, with Bitcoin bears having no control. The analysis indicates that many people were shorting at $111,000, but Bitcoin liquidated the shorts. For the weekend, the analyst anticipates sideways price action or a correction to $115,440 or $114,398. The Fib levels are used for support $115,440. If price correct will find support to $114,398 in the weekend. A bull flag pattern is identified as consolidation above $118,000 area. Starting Monday, July 14 the analyst anticipate further price increase. Over the medium term, the analyst expects Bitcoin to double from $74,388 low, targeting $161,000 by the end of August. This $161,000 target aligns with the two Fibonacci extension level. This target may extend the $173,000.
AI-generated summary based on the source content.
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