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

BTCUSDT
Entry
117,711.0000
2025-08-16
04:37 UTC
Target
138,000.0000
Fail
117,000.0000
In 2 Days
Risk / Reward
1 : 29
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Final PnL
-0.60%
P/L: —
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Body
The analysis discusses Bitcoin's price action following statements from the US Treasury Secretary regarding Bitcoin reserves. Bitcoin experienced a $3500 drop in 5 minutes following the announcement but the US will stop selling the Bitcoin that it already had seized. The analyst then references a pattern observed by Ben Cowen, the pattern is an increase in price between July and August, followed by a September pullback, with a market cycle top happening in Q4. Based on prior data from 2013, 2017 and 2021. Based on this the expectation is of a top in Q4 2025, also giving a hint for target price and selling.