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Technical analysis by Quantific-Solutions about Symbol BTC on 4/1/2025

https://sahmeto.com/message/3384922
Quantific-Solutions
Quantific-Solutions
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In what scenario could BTC/USD reach 110,000 this quarter? To achieve this level, Bitcoin needs to stabilize within the 78,000 to 85,000 range while remaining above the crucial 75,000 to 76,000 support zone. A positive sign is that the recent downward movement from the peak of 109,000 has shown signs of exhaustion. Recent short-term price movements indicate that a bottoming process may be underway, suggesting that Bitcoin could start moving higher during the course of this quarter.

Translated from: English
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Signal Type: Neutral
Time Frame:
1 day
Price at Publish Time:
$85,198.52
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