Deepredict
Bullish
Confidence Level: 82%
Target Price
117400-120000
BTCUSDT remains strongly bullish on the daily timeframe, with all five moving averages trending upward and supporting each other. The price steadily advances without obvious bearish divergence or trend exhaustion signals. The upper Bollinger Band is approaching around 117394. Currently, the percent_b is at 0.85, indicating a relatively high level. Although there is some short-term resistance, the bulls' momentum dominates, likely aiming to push further towards or beyond the upper band. The initial target price is 117400, and if a volume breakout occurs, a test of the psychological level at 120000 is expected. The MACD indicator shows the strongest recent golden cross formation with supporting volume, and the momentum has not yet shown signs of waning, suggesting it will likely continue to drive the price higher. Momentum indicators such as RSI and KDJ are all in overbought territory. However, when combined with the bullish排列结构 and market capital influx, this mainly reflects a typical strong upward inertia. The subsequent trend will focus on rising; pay attention to intraday pullback patterns, and if opportunities for low-position buyings emerge, be prepared to seize them. Market data indicates that major institutional investors are leading the long positions with a high holding ratio, clarifying the main force’s bullish stance. It is not recommended to take contrarian short positions in the short term. Support is noted below 112166 (MA20/middle band), with resistance at 117400 (Bollinger upper band) and the psychological level at 120000. If there is a strong intraday breakout, follow the bullish trend stance, taking profits in portions or adjusting stop-loss levels accordingly. Overall judgment: It is expected that BTC still has upward momentum within the next 1 day, with targets between 117400 and 120000. If a significant volume breakout occurs, further bullishness is anticipated. However, rapid long upper shadows or volume stagnation may signal overbought conditions and potential pullback risks. Long positions can gradually be adjusted upward with stop-loss to lock in profits.
Used Model
gpt-4.1
Prediction Date
Sep 16, 2025 16:42
Prediction ID
binance-btcusdt-1d-forecast-2025-upd3295
Disclaimer: This prediction is for reference only and does not constitute investment advice. The cryptocurrency market is high-risk; invest with caution. Past prediction results do not guarantee future performance.