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Technical analysis by hazzac01 about Symbol BTC: Buy recommendation (3/4/2025)

https://sahmeto.com/message/3291158
hazzac01
hazzac01
Rank: 26484
0.8
Buy،Technical،hazzac01

The chart marks previous Bitcoin tops with orange circles, aligning with Stochastic RSI overbought signals.Every cycle top (2013, 2017, 2021) showed similar patterns of high price and overbought RSIRight now btc is over sold creating a cross to the upside while btc has held strong above 80k For a push to new highs we need to see btc show strength with a long candle on the weekly while the rsi moving up slower to show buyers are coming back in.If we see btc push up but the rsi reaches the overbought and crosses befor btc can reach a new all time high i would say the top is in.

Translated from: English
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Signal Type: Buy
Time Frame:
1 week
Price at Publish Time:
$83,583.76
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