$BTC $ETH $XRP
๐๐๐BTC Urgent urgent urgent update๐๐๐
Good evening, as we can see, Bitcoin has achieved what I said and reached the 95,500 area and a little more, but a return to the 93,750 area was initially expected. Today there is no news, but the US markets are open today, and this is something that may increase some of the market announcements. However, I do not even know if MicroStrategy announced buying Bitcoin, but if it announced, it may have a relationship with this decline. However, as I see, the 96,000 resistance is still very strong. I also currently see that the 1D candle for Bitcoin, if it closes green with a hammer-like shape, we may see a new sideways rise targeting the 96,000 and 97,000 areas, up to the 100,000 area and below it, 99,000 and 98,000. But how can we know this? When it is breached, it is confirmed that the Gann trend is dangerous. This means a breach after a correction. We need a weekly close above 96,000, at least for the 97,500 area. However, a warning from the RSI indicator: The negative indicator is approaching. It is possible that the basic RSI indicator fails, and a negative breakout is possible. The negative indicator rises above it, which means we may see a violent discharge. For Bitcoin, as we mentioned, to the areas of 90,000 or 92,000, and if there is a slippage in the markets due to news, it is possible to return to 88,900 and 87,500. An important warning: breaking the areas of 92,600 and 91,500 is negative, followed by a sideways slippage, so caution is required during the coming days. With the end of April, we may witness a very large reversal. Caution is required.