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Technical analysis by without_worries about Symbol BTC on 8/29/2025

https://sahmeto.com/message/3746938
without_worries
without_worries
Rank: 167
3.3
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Bitcoin has officially entered the 2-day Gaussian Channel, a technical event that has historically coincided with prolonged sideways price action. Looking left, past instances suggest this phase can last several months, often frustrating both bulls and bears before a clear trend emerges. Key Observations Price is currently trading inside the 2D Gaussian channel. Historically, this has led to ranging/sideways price behaviour rather than immediate trend continuation. The sideways trading range can take up to 90 (red circles), meaning the end of November before a meaningful direction change in price action. Potential Scenarios Bullish Case – Price action has not yet confirmed the sideways trading period. A 2 day candle must close on or above $114k by August 31st. Bearish Case – failure to close above $114k by August 31st would confirm the sideways trading period. Furthermore it would confirm the end of the Bitcoin bull market, the technical cycle ends now in 30 days. The end of the bull market?! Unless you think this time is different, every cycle prior has ended in 526 days or less post halving, leaving the market with 30 days until the technical top. That's why whales have been gladly using retail exit liquidity those past few weeks. They have a plan, retail has influencers. Conclusion The entry into the 2-day Gaussian channel signals a likely multi month sideways market for Bitcoin. Patience will be key, traders should prepare for a rangebound environment while positioning for the eventual breakout. Ww ⚠️ Disclaimer: This is not financial advice. For educational purposes only. Do your own research and manage risk appropriately.Bitcoin Bulls are going to need liquid hopium to prevent this monthly candle print in 48hrs The last time we saw a candle like that was the 2019 market top, price action crashed 70% from $10k to $3.3k at the time.Price action has now closed inside the 2 day Gaussian channel. If history is our teacher we should give this signal our full attention. A 2 day signal is an indication of a lengthy sideways trading period, 2 months minimum. Historically speaking the month of September is awful for Bitcoin price action. Indeed look left at previous years and you’ll notice the month of August closed with a bearish reversal candle. Whoever was selling with volume at $125k was the 5%, devoid of influencer influence and social media nonsense. Since December 2023 the market has returned 600% with now approximately 40 days remaining of this Bitcoin bull market, technically speaking. If we look left at the 2 day Gaussian channel entry as the market cycle is so close to completion we see: May 2021 August 2019 January 2018 Do you think this time is different? Ww

Translated from: English
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Signal Type: Neutral
Time Frame:
2 روز
Price at Publish Time:
$109,690.24
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