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

https://sahmeto.com/message/3398636
DoozerInvest
DoozerInvest
Rank: 592
2.9
Buy،Technical،DoozerInvest

BTCUSD 1W Chart There 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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