Ualifi Araújo
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Bullish
Analysis $BTC 02/25/2025
#BTC, There is nothing wrong with the market, except for the fact that we continue to fall because an Exchange kept selling today, so there isn't much to explain, as it is a movement caused coldly calculated, so as soon as Coinbase stops driving the price down today, we will rise.
We had a great advance today regarding the SEC's stance that has been canceling some lawsuits against some coins, as was the case today with UNI, which is quite optimistic and demonstrates the new posture at the SEC regarding #altcoin , which is exactly what we need.
The BTC chart is really horrible, I expected no less after this massacre caused by a handful of Exchanges. The RSI is extremely low (28) on 1D.
To have a better idea, the last time we got this low was during the sideways movement at $61K. However, I hope we follow the same path as last time (upwards after this).
We have the EMA 200 (1d) serving as support here, and obviously since the bottom of BTC we have been supported by it, it will be no different here.
I think we will close within the green range on the chart and maintain a good outlook still, we don’t need much, just to recover the $90K today and have a close there.
Of course, I would have liked to have been more precise about where the price would stop falling, but everyone must be following through various means what has happened in the last 4 days, so... we can take some early movements from large whales and some data that help us form a good analysis beyond the chart, but when there is selling pressure caused by an Exchange, we simply have nothing to guide us on where the price will go, since they have infinite money and do not follow any logic, except their most selfish whims.
That said...
Yesterday we saw conventional whales buying almost 27K BTCs quickly in the green area on the chart, which reduced the speed of the decline.
If we recover the green range, then nothing has changed and $105K is still on the table.
#BTC, There is nothing wrong with the market, except for the fact that we continue to fall because an Exchange kept selling today, so there isn't much to explain, as it is a movement caused coldly calculated, so as soon as Coinbase stops driving the price down today, we will rise.
We had a great advance today regarding the SEC's stance that has been canceling some lawsuits against some coins, as was the case today with UNI, which is quite optimistic and demonstrates the new posture at the SEC regarding #altcoin , which is exactly what we need.
The BTC chart is really horrible, I expected no less after this massacre caused by a handful of Exchanges. The RSI is extremely low (28) on 1D.
To have a better idea, the last time we got this low was during the sideways movement at $61K. However, I hope we follow the same path as last time (upwards after this).
We have the EMA 200 (1d) serving as support here, and obviously since the bottom of BTC we have been supported by it, it will be no different here.
I think we will close within the green range on the chart and maintain a good outlook still, we don’t need much, just to recover the $90K today and have a close there.
Of course, I would have liked to have been more precise about where the price would stop falling, but everyone must be following through various means what has happened in the last 4 days, so... we can take some early movements from large whales and some data that help us form a good analysis beyond the chart, but when there is selling pressure caused by an Exchange, we simply have nothing to guide us on where the price will go, since they have infinite money and do not follow any logic, except their most selfish whims.
That said...
Yesterday we saw conventional whales buying almost 27K BTCs quickly in the green area on the chart, which reduced the speed of the decline.
If we recover the green range, then nothing has changed and $105K is still on the table.
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