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

BTCUSDT
Entry
116,696.0000
2025-08-09
16:47 UTC
Target
150,000.0000
Fail
100,000.0000
Risk / Reward
1 : 2
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Body
The analysis focuses on potential bearish divergence in Bitcoin's weekly chart, comparing current patterns to historical data from 2021-2022. Higher highs are forming in price structure with lower lows forming on the RSI. An indicator shows buying activity from 106,000 leading to a rise. A failure of the RSI to rise above 64.02 followed by a break of the current high would negate the bearish outlook. Market downside is possible based on RSI.