#Bitcoin +10% & #Ethereum +20% – The Bull Market Starts NOW?!
2 extracted signals · 1 resolved · 1 still active
Kevin SvensonIndependent analyst profile- Source published
- 20 Aug 2026, 22:58 UTC
- Recorded by Tahlil Plus
- 30 Sept 2026, 08:11 UTC
AI-generated source summary
The market is showing strong bullish momentum, with Bitcoin (BTCUSDT) having surged approximately 15.6% and Ethereum (ETHUSDT) up 24.6% over recent periods. The monthly chart analysis indicates that both assets have broken above key volume profile areas, specifically above their points of control. For Bitcoin, the current price of ~72,701.7 USDT is above the 1M Point of Control, suggesting a potential bullish continuation. The analysis suggests a target price around 80,000 USDT, with a failure bound set below 60,000 USDT, which would invalidate the bullish short-to-medium term thesis. For Ethereum, the price of ~2,358.5 USDT is also trading above its monthly Point of Control. A target of 3,000 USDT is identified, with the failure bound below 1,800 USDT. The overall market sentiment is bullish, supported by strong upward price action and high short liquidations, indicating increasing buying pressure and potential for further upside. The historical analysis of previous cycles, particularly the RSI divergence and trendline breaks, supports the current bullish outlook, suggesting that a new bull cycle may be initiating. The sustained increase in trading volume and the breaking of resistance levels further reinforce this positive short-to-medium term outlook for both BTC and ETH.
AI-generated summary based on the source content.
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Kevin Svenson
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