Ualifi Araújo
--
Bullish
Analysis $BTC 07/05/2025
#BTC , really very good...yesterday we broke through $95,500 and attacked the $98K again yesterday and today. Notice here that even with all this Powell madness we still had a good reaction today.
There are no large buy orders moving towards $95,500, but there are still buyers in sight in this region, and they want a daily close above there.
Given the day we had today, I think it's a great close if we do this above the gray range on the chart, this retest where I circled in Yellow is where I expect the successful retest of $95,500 and tomorrow we can start to build good support in this region to break through $98K before the weekend.
Yes, I know that most were predicting today would be CHAOS, but again the phrase "The crowd is always wrong!" is true.
Yesterday amidst the CHAOS we called for $98K (we got very close yesterday and today) and $105K right?! Let's stick with that.
The indicators are very similar to yesterday, therefore, the same thinking:
"...we will probably establish the new support level, which we will use to attack $98K and then $105K.
In my opinion, the market bottom was last month and there is no more time to go back there again (MY THOUGHT)."
$105k
I am extremely optimistic about Altcoins!
#BTC , really very good...yesterday we broke through $95,500 and attacked the $98K again yesterday and today. Notice here that even with all this Powell madness we still had a good reaction today.
There are no large buy orders moving towards $95,500, but there are still buyers in sight in this region, and they want a daily close above there.
Given the day we had today, I think it's a great close if we do this above the gray range on the chart, this retest where I circled in Yellow is where I expect the successful retest of $95,500 and tomorrow we can start to build good support in this region to break through $98K before the weekend.
Yes, I know that most were predicting today would be CHAOS, but again the phrase "The crowd is always wrong!" is true.
Yesterday amidst the CHAOS we called for $98K (we got very close yesterday and today) and $105K right?! Let's stick with that.
The indicators are very similar to yesterday, therefore, the same thinking:
"...we will probably establish the new support level, which we will use to attack $98K and then $105K.
In my opinion, the market bottom was last month and there is no more time to go back there again (MY THOUGHT)."
$105k
I am extremely optimistic about Altcoins!
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