Bitcoin’s Next Big Move: Road to $118K?
Hey Realistic Traders, Is 
BTCUSDT Bullish Outlook Over Yet?
Let’s dive into the analysis...
For nearly a month, BTC/USDT remained in a consolidation phase. However, on January 17, 2025, it successfully broke through resistance, signaling the beginning of a bullish phase.
Since then, the price has consistently traded above the EMA 200, reinforcing a strong uptrend.
On the H4 timeframe, a Falling Wedge Breakout has been confirmed, accompanied by a bullish MACD crossover, further supporting the likelihood of continued upward momentum.
Based on these technical factors, the price is projected to rise toward Target at 118,000, as long as it stays above the critical stop-loss level of Stop Loss 97,777.
Support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below.
Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on Bitcoin."
BTCUSDT Bullish Outlook Over Yet?Let’s dive into the analysis...
For nearly a month, BTC/USDT remained in a consolidation phase. However, on January 17, 2025, it successfully broke through resistance, signaling the beginning of a bullish phase.
Since then, the price has consistently traded above the EMA 200, reinforcing a strong uptrend.
On the H4 timeframe, a Falling Wedge Breakout has been confirmed, accompanied by a bullish MACD crossover, further supporting the likelihood of continued upward momentum.
Based on these technical factors, the price is projected to rise toward Target at 118,000, as long as it stays above the critical stop-loss level of Stop Loss 97,777.
Support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below.
Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on Bitcoin."
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منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.