Technical analysis by AlgoBotTrading about Symbol BTC: Buy recommendation (4/11/2025)
https://sahmeto.com/message/3405381

AlgoBotTrading
Rank: 24572
Analytical Power:
1.4
BTC update - April 11 2025
Buy
Price at Publish Time:
$81,866.15
Profit Target:
(+8.47%)$88,800
Stop Loss Price:
(-9.61%)$74,000

BTC has so far followed March 14th analysis in which it was stated that BTC needs to drop towards the the prz of 73,000 - 74,000 zone where if a good upward reaction occurs (which happened!), we can be optimistic about seeing BTC rising towards the previous ATH and even crossing above it.So far, bullish confluences can be seen on the chart and when BTC crosses above the blue descending trendline, it shall gain a better momentum. A good daily close above the 88,800 level shall further confirm this bullish scenario which goes along well with the USDT.D potential drop towards lower levels.
Source Message: TradingView