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BTCUSDT
Entry 121,598.0000 2025-08-11 09:07 UTC
Target 130,000.0000
Fail 105,998.0000
Risk / Reward 1 : 1
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BTCUSDT
Pending
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
Body
The analysis indicates that Bitcoin is approaching all-time highs but notes a CME gap at 117425, expecting it to be filled. In the macro view, Bitcoin is not bearish, predicting a potential rise to 130k by month's end, based on the M2 money supply. Ethereum is currently priced at 4323, with a previous take profit at 4260. The analysis indicates Ethereum might decline to 4100 or even 4000, but foresees short-term liquidity towards 4352. A limit long position is planned for Bitcoin at 117600. IBIT is near the upper Bollinger Band; a confirmed break above is seen as initiating another leg up. CPI data is expected tomorrow and to increase the volatility.
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