Total Quality
Score
If You Had Traded on This Analysis…
Pending

BTCUSDT
Long Entry
112,975.0000
2025-09-23
12:53 UTC
Target
135,000.0000
Fail
109,000.0000
Risk/Reward
1 : 6
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The analysis indicates that Bitcoin is trading within a broadening wedge pattern, resembling a setup seen in 2024. Bitcoin is currently being rejected from a pivotal resistance level. The analyst suggests that breaking above this resistance will lead to new all-time highs. An inverted head and shoulders pattern is forming, supported by a green daily candle, indicating a potential move towards the neckline resistance at around $116,000. It also draws support from a major support level, anticipating a big Bitcoin breakout. The Stoch RSI on the weekly chart is showing a bullish crossover, a pattern historically followed by uptrends. The analyst targets $130,000 to $135,000 for this final Bitcoin wave. Ethereum's price is analyzed relative to its 50 SMA, with a target of around $5500 and the setup includes limit orders around $3700-$3800, although the funding rates are positive, but the analyst mentions a drawdown from the moving average. Altcoins show potential but it seems the bigger moves are still some time away.