Total Quality
Score
If You Had Traded on This Analysis…
Correct
BTCUSDT
Entry 107,524.0000 2025-05-21 05:15 UTC
Target 121,000.0000 In 2 Months
Fail 78,900.0000
Risk / Reward 1 : 0
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Final PnL
12.53%
P/L:
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BTCUSDT
Correct
Cryptocurrency
Technical
1H
Analysis Predict Range Market
Body
The presenter analyzes Bitcoin (BTCUSDT), currently at $106,861, on May 21, 2024, looking into post-halving years and considering past patterns after death crosses and the possibility of it retracing, or ranging. Also analyzing ETHBTC the price trend to August September timeframe, expecting a new BTC cycle high to be setup by June/July but after a correction, and all this happening before further weakness may appear in Q3. The expected higher low will create more upside for BTC dominance. If the golden cross happens in next days BTC may start to go to price discovery and people will run into BTC so it means many alt coins will bleed and go to a lower high, so BTC will be performing better than alt coins.
Principled
Comprehensible
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