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Technical analysis by DoozerInvest about Symbol BTC: Buy recommendation (4/8/2025)

https://sahmeto.com/message/3398636
DoozerInvest
DoozerInvest
Rank: 216
3.3
Buy،Technical،DoozerInvest

BTCUSD 1W ChartThere are many reasons to look at this weekly chart and see that there's absolutely no reason to be bearish on Bitcoin yet. Holding strong r/s flip support. Holding regression trend. Holding parabolic trend. Stoch RSI at the bottom. Weekly bullish divergence. Assuming this plays out in a way that's similar to the last local bottom, the current target is around $134k-$135k.It would take a lot to invalidate all of these bullish indicators, but if that does somehow happen, with a CLOSE of the weekly candle that invalidated these, then It's pretty much definitely over for a loooong time.NFA blah blah blah..

Translated from: English
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Signal Type: Buy
Time Frame:
1 week
Profit Target:
$134,000
Stop Loss Price
$74,000
Price at Publish Time:
$78,262.15
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