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BTCUSDT
Entry 116,294.0000 2025-08-18 20:08 UTC
Target 98,000.0000
Fail 124,000.0000
Risk / Reward 1 : 2
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BTCUSDT
Pending
Cryptocurrency
Technical
1H
Analysis Predict Bear Market
Body
The analysis outlines expectations for Bitcoin, Ethereum, and altcoins. It predicts a pullback for Bitcoin to around 98000 in September, impacting altcoins negatively against their Bitcoin pairs, after August strong month. A 25 basis point rate cut in September is anticipated by analysts. Ethereum is expected to remain strong in the short term, however a failure bound is identified in the weekly chart. Bitcoin is forecast to catch a bid in October. It indicates that the long end of the yield curve will rally and that could be the reason for a pullback. All market cycle tops for Bitcoin have happened before the money supply topped. The dollar's M2 hasn't been going down the last couple of weeks. The Bitcoin's dominance will continue to go up for the month of August, September and October.
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