BTCUSDT Analysis by @CoinBureau

This analysis suggests that as the conflict in the Middle East cools off, Bitcoin rebounds, aiming for new all-time highs, currently above $107,000. The 200-week moving average (200WMA) and Mayer Multiple may lead to a $220,000 Bitcoin price peak in mid-2026. A strong liquidity cluster from $108,000 to $112,000 acts as a magnet. Bitcoin dominance is considered high. A carry trade unwinding occurred August 5, 2024. The analyst maintains a bullish outlook to $150k to $220k if trends remain positive.