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BTCUSDT
Long Entry 110,810.0000 2025-09-06 12:27 UTC
Target 114,500.0000 Fail 108,500.0000
Risk/Reward 1 : 2
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BTCUSDT
Pending
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
The analysis reviews Bitcoin's price action, noting a volatile trading day with an initial rally followed by a sharp decline after news events. Support was found at the 7-day rolling VWAP. The analyst anticipates a period of relative stability before a potential move toward the 30-day rolling VWAP, targeting 114500. A bullish outlook is maintained, with a fail bound at 108500. The analysis also considers external factors such as unemployment data and the likelihood of a rate cut, suggesting a complex interplay between technical indicators and macroeconomic forces. There is a mention of a full moon that may have positive efects on the market.
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