TIME 2: Predicting Trend $BTC
[Analysis $BTC on April 12 - upcoming trend]
BTC is moving according to a short and medium-term bullish structure, with a slight corrective accumulation around the psychological resistance of 84,200 - a zone that was previously rejected.
Preferred technical scenario:
1. Successfully break 84,200 with high volume:
→ Expand the target to the range of 85,400 – 86,000
→ SL: below 83,800 (false break)
2. Fail at 84,200 and breakdown MA7 1H:
→ Potential correction to the range of 82,500–83,000 (support zone converging MA on a larger scale)
→ Opportunity for re-entry if confirmation candle appears (engulfing/bounce)
• Entry: 82600~83200
• Tp: 84k200~85k (depending on entry)
• Sl: 82k
Summary:
The medium-term trend of BTC is still bullish, but overbought signals and sideways peaks indicate a need for short-term corrective accumulation before further increases.
Prioritize strategies to wait for pullbacks or confirmed breakouts, avoiding FOMO in high price areas lacking volume signals.
👉🏼 Note: This article is my personal opinion, not investment advice. Please consider before acting.
