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If You Had Traded on This Analysis…
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BTCUSDT
Entry 117,697.0000 2025-08-16 16:01 UTC
Target 209,000.0000
Fail 91,420.0000
Risk / Reward 1 : 3
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BTCUSDT
Pending
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
Body
This video provides a long-term technical analysis of BTCUSD, forecasting a price target of $209,000 by the end of the year. The analyst uses Fibonacci extensions and trend lines to define support and resistance levels, assessing a stair-stepping pattern indicative of a maturing market. The analysis considers that the $112,000 level has acted as a strong support based on the daily chart analysis. Also notes, that a trend line was broken and a stop loss order was placed around $117,200, which could have been an entry to a short position, with a target around $112,000 on the 4H chart timeframe. The analysis also looks at the weekly chart. ADX readings above 20 are cited as evidence of sustained bullish momentum. Red flags indicating a potential disruption of the 4-year cycle include new all time high has been reached before the halving. In the very long term it is possible to continue to 310 and to 388, but this would require extending the timeframe up to 2026.
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