Bitcoin Bears Aren’t Ready For What This Golden Cross Could Trigger
1 extracted signal · 1 resolved · 0 still active
Merlijn The TraderIndependent analyst profile- Source published
- 25 Aug 2026, 19:00 UTC
- Recorded by Tahlil Plus
- 25 Aug 2026, 21:40 UTC
AI-generated source summary
The analysis focuses on Bitcoin and Ethereum, presenting a bullish outlook based on technical indicators and chart patterns. For Bitcoin, the analysis highlights an inverse head and shoulders pattern on the daily chart, suggesting a potential upward move. The presenter notes Bitcoin's current price around $79,000 and identifies resistance at $82,000, with potential support and entry points around $73,000 and $68,500. A failure bound for the bullish thesis is placed below $66,000. The analysis also references a fractal from 2022 bottom patterns, indicating a golden cross on the 50 and 200 EMAs as a bullish signal. For Ethereum, the presenter points to a similar bullish structure on the 4-hour chart, with resistance around $2,350 and support/entry levels at $2,100 and $1,900. A failure bound is suggested below $1,800. The presenter emphasizes the importance of waiting for pullbacks to these support levels for entry, citing the potential for further upside in both cryptocurrencies.
AI-generated summary based on the source content.
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Merlijn The Trader
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