[BTC/USDT - Expert's Perspective on Candlesticks | 16.04.2025]

1H Frame - Rapid Drop:

BTC just experienced a plunge from 86,500 to 83,200, EMA(7) crosses below 25 & 99, RSI dives down to 14 – indicating extreme overselling. There is a possibility of a slight technical rebound up to the 84,000–84,500 range to “catch some breath” before deciding the next direction.

4H Frame - Testing the Strength of Support:

The price is hovering above EMA99 (83,000). RSI has dropped to ~30 indicating a temporary easing of selling pressure. If 83,000 holds, BTC might bounce back up to 85,000–86,000. However, if it breaks down, it could be a disaster – the chances of dropping to 81,500 or even 80,000 are quite high.

1D Frame - Sideways Ping-Pong:

BTC is playing ping-pong within the range of 81,000–87,500. EMA99 continues to press down from above, RSI is neutral around 50. To breakout, BTC needs high volume + a strong candle to surpass 87,500. Conversely, losing 81,000 could lead to a deeper drop to 76,000–74,000.

In summary for busy friends:

• Short-term: Oversold – waiting for a slight rebound, quick trades.

• Medium-term: Weighing options at the 83,000 level – hold for a rebound, break means trouble.

• Long-term: Still in a sideways range waiting for a real breakout.

HODL firmly – traders should buckle up. Be cautious before FOMO!