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BTCUSDT
Long Entry 110,753.0000 2025-09-08 02:26 UTC
Target 135,530.0000 Fail 105,224.0000
Risk/Reward 1 : 4
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BTCUSDT
Pending
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
Bitcoin Real Time Index weekly chart analysis, recorded on September 8, 2025, the analyst identifies key resistance at 122433 and support at 85393. A double top is observed. The speaker is skeptical about breaking the 122433 resistance. A potential floor of support lies at 85393. A shorter-term channel shows resistance at 114447 and an extreme channel bottom at 105224. If the price holds above 114447, an upward rotation to 122433 is possible; a break below 105224 could lead to a drop to the mid-80s within 3-5 months. Closing above 114447 may set the stage for testing 122433, potentially within 3-5 weeks. Closing above 122433 could trigger a 2-3 month buy signal to 135530. Above 135530, the analyst sees a path towards 180903 over 6-9 months. The market is currently considered 'on its heels' below the 114000 area, with 105224 being an important test.
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