Technical analysis by wolfchemist about Symbol BTC: Buy recommendation (4/13/2025)

The market has unfolded as anticipated, aligning with our projections.Short-Term Outlook: Expect a relatively narrow trading range this week due to the absence of major news catalysts.Bullish Perspective: We maintain a bullish stance, targeting a price range of $88,000–$92,000.Local Bottom Confirmation: Bitcoin appears to have established a local bottom. Notably, it diverged from Ethereum, which recorded lower lows, while Bitcoin resisted forming a new low.Technical Analysis: Last week, Bitcoin respected a daily bullish order block, resulting in a strong upward move.Key Support Level: This week, an inverse fair value gap (FVG) on the daily chart around $82,400 is expected to act as a liquidity zone and support, with price likely to tap this level and rebound higher.Thank you for your support! Stay tuned for more insights and drop a Like if you loved it 🚀