Login / Join

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

https://sahmeto.com/message/3386764
thesharkke
thesharkke
Rank: 1759
2.5
Buy،Technical،thesharkke

Hello,While the significant market correction since January 2025 has left many feeling fearful, we believe this presents a perfect opportunity for those with a long-term investment horizon. The recent pullback in asset prices, particularly in the cryptocurrency space and equities, has created an attractive entry point for seasoned investors.President Trump's ongoing commitment to positioning the United States as the global capital for cryptocurrency, with Bitcoin as a key component of the nation's reserves, reinforces the enduring fundamental strength of this digital asset. Despite the short-term volatility, Bitcoin's long-term prospects remain robust, supported by this high-level governmental endorsement.Since its peak in January, Bitcoin has experienced a correction exceeding 25%, bringing it to levels that we view as an ideal accumulation zone. Our technical analysis further confirms this perspective, as the cryptocurrency approaches a critical upward trendline, suggesting that buyers may soon step in to drive a resurgence. Additionally, the MACD indicator is on the cusp of a bullish zero crossover, providing additional confirmation of an impending rebound.For patient, forward-thinking investors, we strongly recommend initiating or increasing Bitcoin positions at these current prices. By adopting a disciplined, long-term approach and weathering the near-term fluctuations, you can position yourself to capitalize on the substantial upside potential as Bitcoin's trajectory aligns with the supportive stance of the U.S. government.Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.Bitcoin pushing upwards

Translated from: English
Show Original Message
Signal Type: Buy
Time Frame:
1 day
Profit Target:
$95,000
Stop Loss Price
$75,000
Price at Publish Time:
$83,120.65
Share
Signals
Top Traders
Feed
Alerts