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BTCUSDT
Long Entry 111,182.0000 2025-09-05 03:12 UTC
Target 117,000.0000 Fail 108,418.0000
Risk/Reward 1 : 2
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BTCUSDT
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
The video provides a technical analysis of BTCUSDT using Elliott Wave theory and on-chain data. The analyst discusses whether Bitcoin has reached its major top, noting that while an Elliott Wave five-wave move from the 2022 low could be complete, traditional on-chain indicators do not yet suggest a major top. The preferred scenario is further upside, with potential resistance areas around 115400 to 120400. Support levels are identified between 101570 and 106500. A shorter-term analysis on the 15-minute chart points to 108418 as the current key support level. The video presents the key levels while indicating if 108418 level is held a C wave could drive the asset to 117000-118000 range. The analyst mentions Bitcoin Magazine Pro, highlighting cycle and power law indicators for further investigation, and offers a discount code.
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