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Technical analysis by Sive-Morten about Symbol BTC: Buy recommendation (4/7/2025)

https://sahmeto.com/message/3397973
Sive-Morten
Sive-Morten
Rank: 3868
1.7

Pullback to 80K

Buy
Price at Publish Time:
$76,406.82
Buy،Technical،Sive-Morten

Morning folks, So, our long-term bearish journey that we were following for 4-5 weeks comes to an end. BTC more or less hit our 74K target and strong weekly support area. The next one stands around 69K, but market strongly needs a new driving factor to break ~70K support area, and hardly this will happen this week. Taking in consideration that market is oversold, now we set a tactical target- pullback to 80K resistance area, and then we will see, should be sell again or not.

Source Message: TradingView
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