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Technical analysis by MarketsPOV about Symbol BTC: Sell recommendation (4/4/2025)

https://sahmeto.com/message/3387209
MarketsPOV
MarketsPOV
Rank: 30740

Bitcoin - Are We Heading for A Deeper Correction?

Sell
Price at Publish Time:
$82,531.35
Sell،Technical،MarketsPOV

Bitcoin has been on a Bull Run for past few months due to Trump and anticipation of Crypto-friendly policies however it seems the impulse waves have came to an end and we are in correction zone. If the support zones don't hold, this can lead to substantial downfall which could take price below $50k. Best option is to trade with small lots and near strong support/resistance levels.If you are a sport trader, you can set limit orders for accumulations.If you found this analysis valuable, kindly consider boosting and following for more updates.Disclaimer: This content is intended for educational purposes only and does not constitute financial advice.

Source Message: TradingView
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