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Technical analysis by EA_Gold_Man about Symbol BTC: Buy recommendation (4/9/2025)

https://sahmeto.com/message/3401990
EA_Gold_Man
EA_Gold_Man
Rank: 186
3.3
Buy،Technical،EA_Gold_Man

BPrice Overview (as of April 9, 2025):Current Price: ~$69,000 (subject to real-time fluctuations)Market Structure: Consolidation after recent rally; possible forming of a bullish flag.---2. Key Levels:Support Zones:$66,500 – Strong recent support$63,000 – Key horizontal level from past price actionResistance Zones:$71,200 – Local top / previous rejection area$73,500 – Next resistance if breakout happens---3. Indicators:RSI (1D): Around 58 – healthy and not overboughtMACD: Slightly bullish crossover formingEMA 50/200: Price is above both EMAs – overall uptrend still intact---4. Possible Scenarios:Bullish: Break above $71,200 with volume could lead to a retest of 73K+Bearish: Losing $66,500 support could push price down to $63K area---5. Summary:Bitcoin is currently in a consolidation phase with bullish momentum building up. If the bulls push above $71K, we might see continuation to new highs. Watch volume and global news (especially macroeconomic updates or ETF flows).

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Profit Target:
$102,355
Stop Loss Price
$67,722
Price at Publish Time:
$77,295.84
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