Total Quality
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If You Had Traded on This Analysis…
Pending
BTCUSDT
Entry 113,509.0000 2025-08-03 04:21 UTC
Target 136,000.0000
Fail 100,000.0000
Risk / Reward 1 : 2
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BTCUSDT
Pending
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
Body
The video discusses the current state of Bitcoin, Ether, and altcoins. Bitcoin is hovering around $113,000, and Ether is around $3445. The analysis highlights that Bitcoin is currently about 6% below its all-time high, with a reminder that 50% corrections are normal during bull markets. It mentions Bitcoin's outperformance compared to gold and the S&P 500 in terms of compound annual growth rate. There is a potential inverted head and shoulders pattern forming with a bullish retest suggesting further upside. The analysis also points out comments from Eric Trump advocating buying the dips in both Bitcoin and Ether, and touches on Fox Business correlation between Bitcoin and the money supply. The video suggests it's better to buy, hold, and DCA, the target for BTC is inferred to be around $136,000 and 4000 for ETH. The analysis would fail if BTC fell to $100,000 and if ETH dropped down to $3000.
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