BITCOIN: Do NOT Ignore This... Seriously!
1 extracted signal · 0 resolved · 1 still active
Wolves of CryptoIndependent analyst profile- Source published
- 22 Sept 2026, 04:40 UTC
- Recorded by Tahlil Plus
- 22 Sept 2026, 07:57 UTC
AI-generated source summary
The analysis focuses on Bitcoin's price action within its four-year cycle. The price has broken above the previous range high of approximately $83,000, which acted as a significant resistance. This breakout, confirmed by both daily and weekly candles closing above this level, suggests a potential continuation of the bullish momentum. Historical analysis of the four-year cycle indicates that such breaks often precede parabolic moves, though the current price action needs further confirmation on higher timeframes, specifically the monthly candle, to solidify the bullish outlook. The RSI on the weekly chart is above the diagonal resistance, and the monthly Ichimoku cloud baseline is also supportive. However, the lack of strong correlation with the S&P 500 and the potential for a 'bull trap' scenario, similar to past market cycles, are identified as risks. The target for this bullish move is projected towards $95,000, with a crucial failure bound set below $79,000, which would invalidate the bullish thesis and suggest a retest of lower levels.
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Wolves of Crypto
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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.