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Technical analysis by LegendSince about Symbol BTC: Buy recommendation (4/20/2025)

https://sahmeto.com/message/3429324
LegendSince
LegendSince
Rank: 58
3.7
Buy،Technical،LegendSince

Usually, there will be a tight correlation between Ethereum and Bitcoin, especially during volatile periods like back in 2017 - 2018, 2020 etc... But as of recently, we have been seeing the correlation of ETH and BTC dissipated as the years has gone on leading me to believe that a major shift is inbound......However, when studying price action in the short term, there is a possibility for BTC to draw to the upside, attacking the $86,847.Low hanging fruit of $86,847 has been met today. $88,575 is the current highs for the week. Will BTC continue to rally higher??As my bias has already panned out, i will be sitting on my hands until i witness more bullish signatures.I am also open for a retracement back down into a discount PD array.end of week price action

Translated from: English
Show Original Message
Signal Type: Buy
Time Frame:
1 week
Profit Target:
$86,847
Stop Loss Price
$83,155.03
Price at Publish Time:
$85,148.51
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