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BTCUSDT
Long Entry 113,244.0000 2025-09-05 12:54 UTC
Target 119,899.0000 Fail 109,400.0000
Risk/Reward 1 : 2
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BTCUSDT
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
The analysis begins with an overview of Bitcoin, noting its position above an orange line, suggesting a positive trend. A critical factor is the day's candle close relative to a previous swing high at $112,500. A close above this level would confirm a break in the pattern of lower highs and lower lows, signaling a potential shift to an upward trend or at least consolidation. The analyst also comments on Ethereum, observing a pump from $4300 to $4430 but it's still consolidating under the 4450 level. Solana and XRP and Cardano were discussed for showing minor bounce and trades near an orange line and the general market looks positive.
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