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Technical analysis by TradeSelecter about Symbol BTC on 4/19/2025

https://sahmeto.com/message/3449713
،Technical،TradeSelecter

Technical Analysis and Outlook:Bitcoin experienced a significant rally in this week's trading session, breaking through all identified Mean Resistance levels: 86400, 90600, and 94500. This breakout led to the completion of the Interim Coin Rally at 88400. As a result, the newest identified Interim Coin Rally at 95000 has also been completed, indicating a possible pullback to the Mean Support at 92000 and a further decline potential toward an additional Mean Support target at 88500. However, it's important to recognize the chance of upward momentum emerging from a retest of the completed Interim Coin Rally at 95000, which could advance toward the next Interim Coin Rally at 100000.

Translated from: English
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Signal Type: Neutral
Time Frame:
1 day
Price at Publish Time:
$85,382.31
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