BTCUSDT Analysis by @TheMoon

Total Quality
Score
107554
90000.0000000000
136000
BTCUSDT
1H
Free
Analysis Predict Bull Market
crypto
Technical
The analyst discusses Bitcoin forming a bull flag pattern, suggesting a potential breakout before Friday. The target price for this breakout is around $136,000. A 10x leverage trade is recommended, given the bull flag formation. Bitcoin dominance is rising, which isn't good for altcoins. However, altcoins are currently cheaper, and accumulating them on WEEX is an opportunity. A potential fall to $92,000-$91,000 is possible to fill a gap before the bull flag plays out. Currently, bitcoin is trying to break through the bull flag resistance, though confirmation is still needed. Being neutral until a break out is confirmed is essential. Limit orders around $98,000 are advised in anticipation of the fall. The Bitcoin weekly dominance chart is showing an uptrend that could reach 72%.
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