
@SimplyBitcoin
YouTube
Avg. Quality
56
Success Rate
50.00
Analysis
2
Correct
1
Fail
1
Pending
0
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Pending

BTCUSDT
Long Entry
121,836.0000
2025-10-04
02:16 UTC
Target
138,000.0000
Fail
111,000.0000
Risk/Reward
1 : 1
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The video analyzes Bitcoin's current market and potential future growth. Bitcoin blasted through $120,000 and the analysis points that October is historically a bullish month for Bitcoin, and draws a parallel to the rise of Bitcoin price after the stimulus checks in 2020 (from 6k to 58k). It is claimed based on historical data that Bitcoin is going to go from 120k to 138k before Halloween. The upside is supported by the analyst of JP Morgan and their estimates of Bitcoin at a price of $165,000 relative to Gold valuation, with a recommendation to “strap in”. Furthermore, Microstrategy is holding and accumulating Bitcoins, with holdings of 77.4 Billion worth of Bitcoins. Also mentions the FED rates cuts and their effect on the stock. Mentioning a target price of $250,000 before the end of the year.