This Needs to Happen for Bitcoin to Reach New All-Time Highs
1 extracted signal · 0 resolved · 1 still active
More Crypto OnlineIndependent analyst profile- Source published
- 19 Sept 2026, 19:13 UTC
- Recorded by Tahlil Plus
- 19 Sept 2026, 20:27 UTC
AI-generated source summary
The analysis suggests that Bitcoin (BTCUSDT) is in an uptrend, potentially aiming for new all-time highs. The primary scenario presented involves a five-wave move up, followed by a three-wave corrective move down. Key support levels are identified around the $62,500 to $57,500 range, while resistance is observed near $97,437. The 50-day Simple Moving Average (SMA) is noted as a critical filter. A break above the 50-day SMA and a strong weekly close above it are considered bullish signals, increasing the probability of further upside towards targets near $97,437 and potentially higher. The analysis emphasizes the importance of waiting for a shallow pullback for entry, as a deep correction might invalidate the bullish structure. The current price is noted above the 50-day SMA, reinforcing the short-term bullish momentum. The longer-term perspective remains bullish, with potential for a significant rally towards the $100,000 to $140,000 levels in the coming months and years.
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