btcpridiction
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#BTCPridiction $BTC
"*#BTCPrediction Challenge!*
Calling all Bitcoin enthusiasts and traders! Share your predictions for Bitcoin's price movement in the coming weeks or months. Will it surge to new heights or dip to unexpected lows?
*Make your prediction and win the spotlight!*
- *Short-term prediction*: Where will BTC be in the next week or month?
- *Long-term prediction*: Where will BTC be in 6 months or a year?
*Use the hashtag BTCPrediction* and tag us! We'll feature the most interesting predictions and insights.
*Get ready to:*
- *Show off your trading skills*
- *Engage with the community*
- *Win respect and recognition*
Join the conversation and let's see who's got the most accurate
"*#BTCPrediction Challenge!*
Calling all Bitcoin enthusiasts and traders! Share your predictions for Bitcoin's price movement in the coming weeks or months. Will it surge to new heights or dip to unexpected lows?
*Make your prediction and win the spotlight!*
- *Short-term prediction*: Where will BTC be in the next week or month?
- *Long-term prediction*: Where will BTC be in 6 months or a year?
*Use the hashtag BTCPrediction* and tag us! We'll feature the most interesting predictions and insights.
*Get ready to:*
- *Show off your trading skills*
- *Engage with the community*
- *Win respect and recognition*
Join the conversation and let's see who's got the most accurate
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Everything is still within expectations, nothing has changed for everyone:
FED keeps interest rates unchanged and $BTC maintains its target, currently in positive momentum, not overbought yet.
Resistance: 97.8
Target: 98-99
Support: 96-96.5
Avoid FOMO at the 97.5–97.9 range because this is a strong resistance area. You may get trapped!
💥 The secret to entering trades: Don't look for peaks/troughs because we are not divine, so when you have enough signals, wait for a pullback, which means a retracement after the increases/decreases to enter. Don't recklessly enter while the price is soaring; you never know what might happen 😁
---> User G has written about pullbacks; if you don't know, scroll down to review the article "technical trap".
💥 Always practice trading DISCIPLINE: set Stoploss for every trade and don’t go all-in, don’t FOMO.
💥 Note: I only write personal opinions for you to follow and gain more information and reference viewpoints. This is not investment advice, nor do I have a group or links for you!!!
This season is sensitive; all assessments are short-term!
#BTCPridiction
FED keeps interest rates unchanged and $BTC maintains its target, currently in positive momentum, not overbought yet.
Resistance: 97.8
Target: 98-99
Support: 96-96.5
Avoid FOMO at the 97.5–97.9 range because this is a strong resistance area. You may get trapped!
💥 The secret to entering trades: Don't look for peaks/troughs because we are not divine, so when you have enough signals, wait for a pullback, which means a retracement after the increases/decreases to enter. Don't recklessly enter while the price is soaring; you never know what might happen 😁
---> User G has written about pullbacks; if you don't know, scroll down to review the article "technical trap".
💥 Always practice trading DISCIPLINE: set Stoploss for every trade and don’t go all-in, don’t FOMO.
💥 Note: I only write personal opinions for you to follow and gain more information and reference viewpoints. This is not investment advice, nor do I have a group or links for you!!!
This season is sensitive; all assessments are short-term!
#BTCPridiction
#BTCPridiction
"*#BTCPrediction Challenge!*
Calling all Bitcoin enthusiasts and traders! Share your predictions for Bitcoin's price movement in the coming weeks or months. Will it surge to new heights or dip to unexpected lows?
*Make your prediction and win the spotlight!*
- *Short-term prediction*: Where will BTC be in the next week or month?
- *Long-term prediction*: Where will BTC be in 6 months or a year?
*Use the hashtag #BTCPrediction* and tag us! We'll feature the most interesting predictions and insights.
*Get ready to:*
- *Show off your trading skills*
- *Engage with the community*
- *Win respect and recognition*
Join the conversation and let's see who's got the most accurate
"*#BTCPrediction Challenge!*
Calling all Bitcoin enthusiasts and traders! Share your predictions for Bitcoin's price movement in the coming weeks or months. Will it surge to new heights or dip to unexpected lows?
*Make your prediction and win the spotlight!*
- *Short-term prediction*: Where will BTC be in the next week or month?
- *Long-term prediction*: Where will BTC be in 6 months or a year?
*Use the hashtag #BTCPrediction* and tag us! We'll feature the most interesting predictions and insights.
*Get ready to:*
- *Show off your trading skills*
- *Engage with the community*
- *Win respect and recognition*
Join the conversation and let's see who's got the most accurate
#btcpridiction
Key Points:
Bitcoin’s 30-day Nasdaq correlation has jumped to +0.70, debunking the market decoupling narrative.
U.S. recession fears and Fed rate cut bets are creating a mixed macro backdrop for BTC.
Bitcoin must hold above $91,300–$93,200 to maintain bullish momentum, warn analysts.
Nasdaq Bitcoin concept
QQQM
+0.44%
Bitcoin
+2.34%
Bitcoin’s (BTC) 30-day correlation with the Nasdaq 100 has climbed to +0.70, marking its strongest alignment with U.S. equities since mid-April, according to TradingView data.
BTC/USD and Nasdaq 100 correlation coefficient
BTC/USD and Nasdaq 100 correlation coefficient. Source: TradingView
Bitcoin Rises Alongside Tech Stocks
On April 30, the Nasdaq 100 rose 2.10%, buoyed by robust earnings from major technology firms such as Microsoft, Alphabet, Meta Platforms, and Amazon. Bitcoin tracked this rally closely, gaining nearly 2.12% to almost $96,400 as of May 1.
BTC/USD daily price chart vs. Nasdaq, S&P 500, Dow Jones
BTC/USD daily price chart vs. Nasdaq, S&P 500, Dow Jones. Source: TradingView
However, recent economic indicators have raised concerns about a potential U.S. recession. The U.S. economy contracted by 0.3% annually in Q1 2025, the first decline since early 2022, driven primarily by a surge in imports ahead of newly implemented tariffs.
Goldman Sachs has raised the probability of a U.S. recession to 45%, up from 35%, citing factors such as trade policy uncertainties and weakening economic indicators.
Many traders fear that a U.S. recession could negatively impact cryptocurrencies.
$BTC $BNB
Key Points:
Bitcoin’s 30-day Nasdaq correlation has jumped to +0.70, debunking the market decoupling narrative.
U.S. recession fears and Fed rate cut bets are creating a mixed macro backdrop for BTC.
Bitcoin must hold above $91,300–$93,200 to maintain bullish momentum, warn analysts.
Nasdaq Bitcoin concept
QQQM
+0.44%
Bitcoin
+2.34%
Bitcoin’s (BTC) 30-day correlation with the Nasdaq 100 has climbed to +0.70, marking its strongest alignment with U.S. equities since mid-April, according to TradingView data.
BTC/USD and Nasdaq 100 correlation coefficient
BTC/USD and Nasdaq 100 correlation coefficient. Source: TradingView
Bitcoin Rises Alongside Tech Stocks
On April 30, the Nasdaq 100 rose 2.10%, buoyed by robust earnings from major technology firms such as Microsoft, Alphabet, Meta Platforms, and Amazon. Bitcoin tracked this rally closely, gaining nearly 2.12% to almost $96,400 as of May 1.
BTC/USD daily price chart vs. Nasdaq, S&P 500, Dow Jones
BTC/USD daily price chart vs. Nasdaq, S&P 500, Dow Jones. Source: TradingView
However, recent economic indicators have raised concerns about a potential U.S. recession. The U.S. economy contracted by 0.3% annually in Q1 2025, the first decline since early 2022, driven primarily by a surge in imports ahead of newly implemented tariffs.
Goldman Sachs has raised the probability of a U.S. recession to 45%, up from 35%, citing factors such as trade policy uncertainties and weakening economic indicators.
Many traders fear that a U.S. recession could negatively impact cryptocurrencies.
$BTC $BNB
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