$BTC Trade Signal โ April 7, 2025
Current Price: $76,971.90
24H Change: -6.98% ๐ป | Volume: 514K BTC | Range: $74,457 โ $82,944
Bitcoin has pulled back sharply but is now showing signs of a potential reversal from strong support levels. A breakout setup is forming as price attempts to reclaim key moving averages.
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Trade Setups:
๐ผ LONG Entry:
๐ Entry: Above $77,500 (confirmation)
๐ฏ Targets: $78,900, $80,600, $82,000
๐ก๏ธ Stop Loss: $76,000
๐ฝ SHORT Entry:
๐ Entry: Below $76,000
๐ฏ Targets: $74,500, $73,000
๐ก๏ธ Stop Loss: $77,200
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Technical Insights:
๐ MA(7) & MA(25) still pointing down, but recovery attempt underway
๐ Volume surge at $74K hints at accumulation
๐ต๏ธโโ๏ธ Long-term trend still bullish: +23.96% in 180 days, +12.71% YoY
Conclusion:
BTC is at a crucial pivot point. Breakout or breakdown incomingโideal moment for agile traders. Wait for confirmation and manage risk carefully.
Stay sharp. Trade smart.