Verified by TP AI

This analysis has a 78.86% probability of being Success

Estimated by Tahlil Plus AI using 1,842,000 records across the last 90 days.

Total Quality
Score
If You Had Traded on This Analysis…
Correct
BTCUSDT
Long Entry 116,652.0000 2025-08-08 12:30 UTC
Target 123,255.0000 In 4 Days Fail 113,150.0000
Risk/Reward 1 : 2
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Final PnL
5.66%
P/L:
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BTCUSDT
Correct
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
The analysis focuses on Bitcoin's price action, highlighting a bullish flag pattern consolidating since July's high of $123,255. The lower bound of this pattern aligns with an upward trendline from April and the 50-day SMA at $113,154, acting as key support. A 0.382 Fibonacci retracement level at $113,682 has reinforced the potential for an upside move. A breakout above $117,350 could lead back to $123,255, with further targets at $126,981 and $131,574. However, failure to hold $113,150 could trigger caution, exposing downside levels at $110,725 and $107,768. Bullish flag breakout is necessary to confirm the $117350 move, and the retail adoption of crypto is a bullish sign for the market, and the hyper new BTC token is worth the investment to reach quick profits.
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