WHY I’M SELLING BITCOIN HERE
1 extracted signal · 0 resolved · 1 still active
The Moon ShowIndependent analyst profile- Source published
- 20 Sept 2026, 09:35 UTC
- Recorded by Tahlil Plus
- 20 Sept 2026, 12:40 UTC
AI-generated source summary
The analysis focuses on Bitcoin (BTCUSDT) on a weekly timeframe, highlighting the significance of the 200-week moving average (red line) acting as support and the 50-week moving average (green line) acting as resistance. The speaker identifies a crucial horizontal resistance level around $80,000, which has been tested multiple times. A potential inverse head and shoulders pattern is noted, with the neckline around the $80,000-$82,000 level. The speaker believes that a weekly close above this resistance, specifically above $80,247, would confirm a bullish continuation, targeting new all-time highs, potentially around $120,000. The failure bound for this bullish outlook is set below the 200-week MA, around $65,000, below which the bearish scenario of a significant downtrend would be more likely. The analysis also touches upon past market behavior, including the COVID-19 crash, to support the long-term bullish thesis, emphasizing that dips below key moving averages were temporary outliers in the broader uptrend.
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The Moon Show
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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.