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If You Had Traded on This Analysis…
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BTCUSDT
Entry 117,363.0000 2025-08-15 18:31 UTC
Target 103,000.0000
Fail 123,975.0000
Risk / Reward 1 : 2
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BTCUSDT
Pending
Cryptocurrency
Technical
1H
Analysis Predict Bear Market
Body
The analysis predicts a bearish trend for Bitcoin, potentially dropping to $60,000-$70,000 and possibly much lower, down to $103,000 after reaching the blue box multiple times, the daily channels was not broken instead rejected directly from there. A 1-2-3-4-5 wave pattern could be seen, the analysis shows that Bitcoin may be at the top, having already tapped the blue box area of 125889 to 119216 multiple times, suggesting a signal of weakness as daily channels were not broken. It suggests the top is in 125889. As for BTC dominance the analysis notes, indicating further downside pressure, potentially breaking the blue box. If the price breaks the base channel over there and comes back, it will be considered the last chance for Bitcoin. For the BTC dominance analysis one more drop towards lowers prices is to be expected. The BTC dominance must take the blue box and a 1-2-3-4-5 must happen to consider lower prices. The altcoins strength might allow them to move higher.
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