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Technical analysis by hokblake about Symbol BTC: Buy recommendation (4/17/2025)

https://sahmeto.com/message/3423862
hokblake
hokblake
Rank: 20844
1.4

BTC Potential Breakout, Daily Divergence

Buy
Price at Publish Time:
$84,307.58
Profit Target:
(+7.64%)$90,750.48
Stop Loss Price:
(-0.55%)$83,844.24
Buy،Technical،hokblake

BTC on the daily has the opportunity to expand way upwards over the next month - a divergence on the daily evidently takes longer to play out but RSI could easily reach 80 off the back of the structure. I have been shorting, confidently, for a good few weeks now, with longs in between, but I'm starting to feel like I should flip long. Solana is also trying to reclaim the daily/weekly range - things to think about for sure. Good luck out there!+12% with no drawdown, happy with the analysis and opportunity identified

Source Message: TradingView
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