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BTCUSDT
Entry 119,736.0000 2025-08-12 15:36 UTC
Target 161,000.0000
Fail 90,000.0000
Risk / Reward 1 : 1
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BTCUSDT
Pending
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
Body
The analysis focuses on Bitcoin's price action, comparing it to previous cycles (2013, 2017, 2021) noting a potential pullback in September followed by a significant end-of-year bull run. He predicts that this run could take Bitcoin to a high between $140k and $160k. Notes a dollar cost average strategy for 2026 and 2027. The analysis uses weekly charts to identify downtrend inception points, looking for the first red weekly candle. Considers a $130k target for Bitcoin, with a pull back to between December of 2026 or January of 2027. Caution advised due to overhead resistance and overbought weekly RSI. A bear divergance in the weekly RSI could push the price down to 90000.
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