Total Quality
Score
If You Had Traded on This Analysis…
Pending

BTCUSDT
Long Entry
117,212.0000
2025-08-08
01:00 UTC
Target
150,000.0000
Fail
100,000.0000
Risk/Reward
1 : 2
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The analysis focuses on Bitcoin's price action. Despite recent pullbacks from the swing high formed in July, the overall uptrend remains intact. The previous all-time high acted as support, with the price dipping towards it in three waves. The subsequent move upwards is currently a three-wave move. Two bullish scenarios are still valid, and no changes are needed. The trend to the downside is considered a corrective pullback.