Technical analysis by ALRASHYD_ about Symbol BTC on 3/20/2025
https://sahmeto.com/message/3365772

Let’s talk Bitcoin (BTCUSD) on this daily chart—it’s putting on a show! We’ve got a sweet bounce off that trendline, The bounce happened right at the golden Fibonacci extension level, which is spot for a reversal. And check this—the RSI is showing some nice divergence, giving us a solid signal that the bulls might be waking up. This is a strong setup for a new upward wave, but the real confirmation comes if BTC can break through that descending trendline up ahead. If it does, we could be looking at a run toward. Let’s keep our eyes on that breakout—things are getting exciting!
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Signal Type: Neutral
Time Frame:
1 dayPrice at Publish Time:
$86,348.52