$BTC
Update
After retesting the bottom at 74,508, BTC has bounced back, helped by news that President Trump is softening his stance on tariffs. He's promising significant tax cuts, as analysts suggest Trump miscalculated earlier tax policies, especially regarding symmetrical tax calculations — an issue closely tied to the ongoing protests.
This year in America feels almost surreal (personally, I sense some manipulation at play).
For now, it’s best to hold off on any major moves this Saturday and Sunday, as no short-term setups are confirmed yet.
Keep a close eye on the charts:
The MA99 is about to cross below the MA200, which could signal a future pullback, even if BTC pushes higher in the short term. I still expect a possible sweep back to the 9x range, likely around 93,000 (targeting next week or the week after).
On the daily frame, BTC indicators are showing signs of overheating:
StochRSI is above 100
RSI(6) is above 87 (overbought