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BTCUSDT
Long Entry 115,444.0000 2025-09-19 18:26 UTC
Target 119,000.0000 Fail 113,000.0000
Risk/Reward 1 : 1
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BTCUSDT
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
The analyst provides a market update, noting that the US session opened with volatility but has since calmed. There's an overview of fundamentals, including the Bank of Japan keeping interest rates unchanged but being slightly more hawkish, leading to a drop in the Nikkei index. Despite this, traditional markets like the S&P 500 show good recovery, and crypto fundamentals remain positive, as indicated by the Coinbase Bitcoin premium. Bitcoin is expected to be bearish short term with a target of $119,000. However, the analyst is bullish long term, citing spot positions. A new moon on September 21st is noted as a potentially influential event, to be detailed further. Ethereum and XRP show stability, awaiting Bitcoin to gain momentum. Altcoins of interest mentioned with some conditions are LINA and DNA. NEAR protocol show signs of breaking out of a retest of range highs with an estimated target of 3.5 to 3.6.
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