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BTCUSDT
Entry 111,977.0000 2025-08-28 21:09 UTC
Target 123,000.0000
Fail 108,000.0000
Risk / Reward 1 : 3
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BTCUSDT
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
Body
The analysis predicts an Altcoin cycle is starting due to Trump's involvement with CRO and a 6.42 billion infusion. Bitcoin's chart shows a breakout above resistance now acting as support, and Bitcoin dominance has broken down by 12.63%. The resistance turned support at $108,000 leading to a target of $123,000. The video suggests a strategy centered on resistance becoming support. The Bitcoin dominance is bearish, and set to drop. A beginner is using excessive indicators for Technical analysis. It presents the potential impacts of the Clarity Act and also notes possible market manipulation.
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