Ualifi Araújo
--
Bullish
Analysis 36198854527 04/25/2025
#BTC , we are doing very well... we reached $95k in a solid and natural way, this was the kind of price action you wanted to see if you were waiting for a consistent rise.
It was quite predictable that we would reach $95K close to the weekend, but to be honest, I see no issues with that; on the contrary, I think the weekend here will not interfere with the main direction. Of course, we should remain cautious with weekend optimism, but I think we will be fine, and the green range on the chart should act as good support.
Also in this regard, I see no major reasons for the BIG BULLS to want to push the price to $98K over the weekend. Of course, that could happen, but then we would need many buyers on hand to hold the price there, or some good news to get us above $98K and have some support above that, which is unlikely.
So, what I expect here is a sideways movement between $96K/$94K; if we have that, then next week we can target higher prices.
The $95K is crucial for the big BEARS, and despite many having closed their large orders and repositioned at $98K, this is still a place where the SELLERS on hand are working hard, stay alert!
The indicators are still quite stretched; despite the price being higher, the RSI has cooled down a bit, but it’s still not something significant. Any sideways movement here will be enough for us to cool down a bit more and continue rising.
The BULLS continue to have the advantage here, and they just need to keep the price above the green range on the chart.
Notice that while BTC was trading sideways within the green range, there was a good reaction upwards, any sideways movement above $95K will make things really crazy for Altcoins, it will be interesting to see this soon.
I am extremely optimistic about Altcoins!
#BTC , we are doing very well... we reached $95k in a solid and natural way, this was the kind of price action you wanted to see if you were waiting for a consistent rise.
It was quite predictable that we would reach $95K close to the weekend, but to be honest, I see no issues with that; on the contrary, I think the weekend here will not interfere with the main direction. Of course, we should remain cautious with weekend optimism, but I think we will be fine, and the green range on the chart should act as good support.
Also in this regard, I see no major reasons for the BIG BULLS to want to push the price to $98K over the weekend. Of course, that could happen, but then we would need many buyers on hand to hold the price there, or some good news to get us above $98K and have some support above that, which is unlikely.
So, what I expect here is a sideways movement between $96K/$94K; if we have that, then next week we can target higher prices.
The $95K is crucial for the big BEARS, and despite many having closed their large orders and repositioned at $98K, this is still a place where the SELLERS on hand are working hard, stay alert!
The indicators are still quite stretched; despite the price being higher, the RSI has cooled down a bit, but it’s still not something significant. Any sideways movement here will be enough for us to cool down a bit more and continue rising.
The BULLS continue to have the advantage here, and they just need to keep the price above the green range on the chart.
Notice that while BTC was trading sideways within the green range, there was a good reaction upwards, any sideways movement above $95K will make things really crazy for Altcoins, it will be interesting to see this soon.
I am extremely optimistic about Altcoins!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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