@OzBlockSpace

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Avg. Quality

70

Success Rate

36.52

Analysis

115
Correct
42
Fail
68
Pending
5
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Correct
BTCUSDT
Long Entry 91,156.0000 2026-01-04 02:32 UTC
Target 93,000.0000 In 22 Hours Fail 87,000.0000
Risk/Reward 1 : 0
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Final PnL
2.02%
P/L:
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BTCUSDT
Correct
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
The analyst observes Bitcoin is attempting to exit a consolidation phase. On the 4-hour chart, the Fortuna line indicates favorable positioning and underlying strength, though a critical horizontal resistance remains unbroken. The Relative Strength Index (RSI) suggests the current upward momentum might be tiring, possibly leading to a retracement before further ascent. The immediate target for this upward movement, spanning the upcoming days and weekend, is projected between 91,000 and 93,000. The analyst notes the present bullish surge is relatively weak, following an extended period of market consolidation around the 88,000 level. For Bitcoin to establish a robust bullish trend, it must breach and consolidate above its 55 Exponential Moving Average (EMA). On the weekly chart, the analyst points out a consistent consolidation pattern in the fourth quarter, aligning with historical 4-year cycles, contrary to prevailing market sentiment that this cycle is complete. The longer-term projection, extending into March or April, indicates a potential move towards the 55 EMA on the weekly chart, estimated around 97,000. Short-term trading advice includes accumulating Bitcoin if it retraces to approximately 88,000-88,500, with a clear profit-taking target between 91,000 and 93,000. The analyst warns against overly bullish expectations, such as a swift ascent to 100,000, emphasizing the slow, weak nature of current price action and the risk of losses amid market noise.
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