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

learningedge

1/ Short-Term (Intraday): Chop City BTC 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 Bullish Weekly 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 Caution Macro 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 Management Short-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 momentum Stay agile, manage risk, and trade smart. Good luck this week! 🍀