Technical analysis by DonDoDSON about Symbol BTC: Buy recommendation (5/1/2025)

In my first idea I was based on the 1H 100SMA line and I saw the price works very good with this line. If price come closer to the line with low volume there is a big chance for the price to bounce from it depends if we are above or below the line, but if the price come closer to the line with big volume there is also a chance for the price to crash that line and change trend. Very important in this strategy is also a HTF analysis because it can say us a little bit more than 1H chart. For now I expect for the price to come higher and take some liquidity from up but if this little run will be burnout we can see a big probability to come back to this SMA line and I will look and wait for this moment and if I will see the chance for that move I will publish it here so wait for the next BTC update.