@RRcryptoreport

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Avg. Quality

66

Success Rate

11.36

Analysis

44
Correct
5
Fail
9
Pending
28
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Correct
BTCUSDT
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
Body
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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