Market overview:

BTC is slightly recovering after a strong correction from the peak of 73,800 down to below 70,000. At the moment, the price has risen back around 84,000, reflecting market sentiment expecting the uptrend to continue in the Halving season. However, the technical structure shows both positive signals and potential risks.

Multi-timeframe technical analysis:

1H frame:

– BTC has just broken through the resistance range of 82,800 – 83,500 with strong momentum.

– RSI(6) > 80 → overbought zone, likely to adjust short.

→ Prediction: May retest the 82,800 range before continuing the uptrend.

4H frame:

– A clear upward structure has formed from the bottom around 67,000.

– RSI(6) ~72 → still has upward momentum, but shows signs of slowing down.

→ Prediction: BTC could revisit the 86,000 range in the coming days if it stays above 82,000.

D frame (Daily):

– Price is testing EMA(25) again, but still below EMA(99) → long-term uptrend not confirmed yet.

→ Prediction: If BTC breaks through 86,000 – 88,000 and holds above this range, the long-term uptrend will be confirmed.

W frame (Weekly):

– BTC bounced from the support zone of 70,000, but EMA(7) is still below EMA(25).

– The current uptrend may only be a technical rebound if it does not break 88,000.

→ Prediction: If the weekly candle closes above 88,000, BTC is likely to continue its medium-long-term uptrend.

Short-term scenario:

– Positive: BTC holds above 82,000 → approaching 86,000–88,000.

– Negative: Breakdown 82,000 → return to test 80,000 or deeper at 78,000.

Long-term scenario:

– If it breaks 88,000 → a strong uptrend may return, target 95,000–100,000.

– If it cannot hold the 80,000 range → the risk of falling back to the 72,000–74,000 range is very high.

Investment advice for newcomers:

1. Do not fomo into short waves:

– During this phase, the market is prone to 'trap bullish' to lure newcomers into the peak.

– Be patient and wait for a clear trend confirmation (e.g., close daily or weekly candle above 88,000).

2. Capital management is vital:

– Whether buying spot or margin, always set stop-loss and spread capital across multiple buying zones.

– Do not all-in just because of one strong green candle.

3. Should gradually accumulate if confident long-term:

– DCA (dollar-cost averaging) in the ranges 78,000 – 82,000 will be safer than fomo above 85,000.

4. Monitor Halving & Fed news:

– These are macro factors that directly affect BTC, especially in April and May 2025.