Technical analysis by learningedge about Symbol BTC: Buy recommendation (5/3/2025)

learningedge

1/ Short-Term (Intraday): Chop CityBTC is stuck in a tight range between 95K (demand) and 98K (supply). Oscillators mixed, momentum fading near resistance.Play: Fade extremes, scalp carefully.Watch: Breakout above 98K or breakdown below 95K for momentum triggers.2/ Swing Traders (Days–Weeks): Cautiously BullishWeekly bullish structure intact, but daily charts flashing caution (Three Black Crows, Double Top, RSI stretched).Ideal scenario: Buy dips near 96K–95K if momentum resets bullishly.Invalidation: Daily close below 94.5K flips bias neutral/bearish.3/ Long-Term Investors (Months+): Bullish with CautionMacro backdrop remains supportive (SPX bullish, DXY weak, yields stable/rising). Institutional BTC flows steady.BUT monthly chart shows bearish divergence—momentum slowing.Core strategy: Accumulate on major dips (ideal: 87K–76K).Critical invalidation: Monthly close below $76K demands risk-off rebalance.4/ Macro Catalysts to Watch- Equity markets (SPX) & bond yields (US10Y) maintaining risk-on stance.- USD weakness (DXY bearish) supports BTC upside.- Watch ETF news, institutional flows, and altcoin rotation signals for early clues.5/ Risk ManagementShort-term: Tight stops, quick profits.Swing: Respect daily structure; cut below $94.5K.Long-term: Hold bullish conviction above $76K monthly support.Bottom Line for Traders & Investors- Short-term: Range-bound scalps- Swing: Buy dips cautiously- Long-term: Bullish, but respect slowing momentumStay agile, manage risk, and trade smart. Good luck this week! 🍀