Is the Bitcoin bull market already over? In today’s video, we break down a critical pattern that has been forming on the weekly Bitcoin chart and it could be signaling the start of a bear market.
1 extracted signal · 1 resolved · 0 still active
Oz Block Space19 Aug 2025, 17:30 UTC
AI-generated source summary
The analysis highlights a significant pattern completing on the monthly Bitcoin chart, which has been forming for months. The speaker emphasizes the importance of time and patient strategy in the crypto market, noting historical manipulation by whales and institutions. On the weekly chart, a bearish divergence, forming since April, is noted, which previously led to a sharp drop from $108,000 to $92,000 and then $89,000 within a single week. However, this was followed by a rebound to $109,000 and even $124,000. The current projection anticipates another upward wave for Bitcoin in the coming month, targeting price levels between $120,000 and $130,000, potentially exceeding previous highs. The speaker advises against holding assets through inevitable market corrections and suggests utilizing these anticipated highs to take profits. On the daily chart, current indicators, including the Fortuna line, suggest a lack of immediate bullish strength, indicating a potential short-term dip or consolidation before the projected upward movement. A significant support level is identified around $110,000. The long-term perspective for Bitcoin remains bullish, driven by the inherent nature of its financial system, but short-to-medium-term trading requires careful timing and risk management. The overall strategy advocates for accumulating during dips and strategically selling during projected highs to avoid losses when the market inevitably retraces.
AI-generated summary based on the source content.
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Oz Block Space
Tahlil Plus independently records and evaluates public market predictions. Extraction may be AI-assisted and results follow the Tahlil Plus methodology. This information is not financial advice.