Technical analysis by GreenCryptoTrades about Symbol BTC: Buy recommendation (11/4/2025)

BITCOIN is currently trading above the 50 EMA on the 1W chart, a level that has historically acted as a strong dynamic support during previous bullish cycles. Each time BTC has touched the 50 EMA in the past (as highlighted on the chart), it has triggered a strong rebound leading to significant upside moves. Currently, the price is consolidating near both the support zone and the 50 EMA, suggesting that the market is once again at a critical juncture. If BITCOIN manages to hold this zone and bounce, we could see the next bullish leg pushing towards $150K. However, a clean break below the 50 EMA and support area could indicate a short-term downtrend or deeper correction before resuming the uptrend. Traders should stay patient and prepared for all possible scenarios. Risk management remains key at these levels.Plan your entries and stops accordingly.As we predicted, Bitcoin just touched the 50 EMA on the weekly chart! Now we wait for the weekly close. It needs to stay above the support zone. If it drops below, we might see a small correction. Stay patient, big moves come with time!