Ualifi Araújo
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Analysis $BTC 04/03/2025
#BTC, we haven't had any major changes here since yesterday, but today's close was above the EMA 200 (1d) and still looks good, as we made a higher low today ($82,200).
I waited for this close to update the chart because I think the Asian bulls might give us a good session today and obviously push us to $90K, which would set us on the path to a recovery of $95K tomorrow.
Tomorrow we will start getting PMI Economic Data, which will be extremely important for Bitcoin and #altcoin .
We are seeing some big arrogant BEARS coming for $92K, notice here that until now, the big orders from the Bears were all above $95K. This downward movement from the Bears is something that should be hunted soon. As time goes by and this slow game becomes even more exhausting, both sides start to take risks.
The game begins to reverse here; if we can later make a higher low, then we will be sure that the bottom for BTC is in, we are improving.
The RSI is still very good, so... it is likely that we will indeed have a continuation of the recovery, and tomorrow with the data.
The same thought for Altcoins:
In my opinion, the ALTCOINS are at their bottoms, and to be honest, I am curious to see where $HBAR and $ALGO and some other amazing coins will reach in the coming days, with good news coming soon (note that we have had 3 GREAT NEWS about HBAR since yesterday, there will be more).
$95K again, soon!
THEY WILL NOT BUY MY ALTCOINS, NOT AT THESE PRICES!
#BTC, we haven't had any major changes here since yesterday, but today's close was above the EMA 200 (1d) and still looks good, as we made a higher low today ($82,200).
I waited for this close to update the chart because I think the Asian bulls might give us a good session today and obviously push us to $90K, which would set us on the path to a recovery of $95K tomorrow.
Tomorrow we will start getting PMI Economic Data, which will be extremely important for Bitcoin and #altcoin .
We are seeing some big arrogant BEARS coming for $92K, notice here that until now, the big orders from the Bears were all above $95K. This downward movement from the Bears is something that should be hunted soon. As time goes by and this slow game becomes even more exhausting, both sides start to take risks.
The game begins to reverse here; if we can later make a higher low, then we will be sure that the bottom for BTC is in, we are improving.
The RSI is still very good, so... it is likely that we will indeed have a continuation of the recovery, and tomorrow with the data.
The same thought for Altcoins:
In my opinion, the ALTCOINS are at their bottoms, and to be honest, I am curious to see where $HBAR and $ALGO and some other amazing coins will reach in the coming days, with good news coming soon (note that we have had 3 GREAT NEWS about HBAR since yesterday, there will be more).
$95K again, soon!
THEY WILL NOT BUY MY ALTCOINS, NOT AT THESE PRICES!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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