Quick news on BTC at noon April 13, 2025 (UTC+7)
I follow the technical analysis school. All my opinions are based on technical analysis.
After a positive first half of the day. With the resistance test at 86k for the first time, BTC is starting to show some small negatives that could break the trend.
However, we still need to closely monitor the price action for more insights. Right now, I can't confidently say whether it will go up or down.
Currently
1. If you are Long or Short around the 84 85 range, stay calm, don’t rush to DCA or exit the position. If you're too nervous, then close the position when it approaches the entry to lighten your mind. When a major trend is confirmed, you can re-enter.
2. However, you must still have a stop loss to guard against a large candle creating momentum for the trend to continue (either up or down)
