BITCOIN: NOW!!!!!!!!!!!!!!!!!!!!
2 extracted signals · 0 resolved · 2 still active
MMCryptoIndependent analyst profile- Source published
- 20 Aug 2026, 11:18 UTC
- Recorded by Tahlil Plus
- 20 Aug 2026, 14:04 UTC
AI-generated source summary
The analysis focuses on Bitcoin (BTCUSD) and Ethereum (ETHUSD) using a weekly chart. The presenter highlights historical patterns where periods of consolidation, marked by orange rectangles, preceded significant upward movements. A key indicator discussed is the EMA ribbon, which has historically flipped bullish before a bull market. The current price action for BTC is seen consolidating around $71,765, and the presenter believes it is on the verge of breaking out to a new bull market, with a target of $90,000. A break below $58,000 would invalidate this bullish outlook. For ETH, the current price is around $2,280, with a target of $3,500, and a failure bound at $1,677. The presenter emphasizes that these patterns suggest a continuation of the bullish trend, provided key support levels are maintained.
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