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If You Had Traded on This Analysis…
Fail
BTCUSDT
Short Entry 115,640.0000 2025-09-17 19:46 UTC
Target 85,475.0000 Fail 116,041.0000 In 14 Minutes
Risk/Reward 1 : 75
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Final PnL
-0.35%
P/L:
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BTCUSDT
Fail
Cryptocurrency
Technical
1H
Analysis Predict Bear Market
The analysis, recorded for the week of Monday, September 15, 2025, focuses on the Bitcoin Real Time Index weekly chart. It highlights the channel bottom, stemming from the April low, around a six-month channel structure at 106625, as the base of support defining upward momentum. Closing above 106625 is seen as a continuation back to 122433, a level anticipated almost a year prior. The analysis points out that reaching 122433 constitutes a full wave count, potentially leading to a double top formation, with this wave count remaining in reach over the following weeks. However, a weekly close below the rising channel bottom at 106625 would signal a sell-off. If this occurs there is an expectation to test the 85475 level. If settlement is achieved above 122433, then the analysis is suggesting a possible push to 136246. The analyst said if close this week back below 114618, may ease to 106625.
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