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

https://sahmeto.com/message/3386899
TradinSides
TradinSides
Rank: 2047
2.3
Buy،Technical،TradinSides

The BTC is completing its 4th #ElliottWave on the weekly timeframe.The 1W #MA50 still serves as historical #support, with Trump's #tariffs as a drag.The optimistic scenario extends the 5th point to ~120K, while a pessimistic scenario expects a #retest of the ~55K support zone of the 200 Moving Average.

Translated from: English
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Signal Type: Buy
Time Frame:
1 week
Profit Target:
$120,000
Stop Loss Price
$55,000
Price at Publish Time:
$83,629.68
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