$BTC

BTC ANALYSIS - DATE 19/4/2025 (4H FRAME)

1. Main data:

Current price: 85,115 USD

MA(7): 84,756 USD (near support)

MA(25): 84,512 USD

MA(99): 82,574 USD

Trading volume: Maintained average, no anomalies yet.

Latest peak: 86,496 USD

Short-term support: 83,363 USD

Near resistance: 86,500 – 86,900 USD

2. Technical signals:

BTC price is above important MA lines (MA7, MA25, MA99), indicating that the short-term uptrend is still valid.

The latest green candle shows that buying pressure is dominant.

Trading volume remains stable, with no significant divergence signals.

The chart is moving in a lightly ascending accumulation channel, with no signs of strong breakout yet.

CONCLUSION: SHOULD WE LONG OR SHORT?

Priority strategy: LONG

Long position should be opened if the price holds above the support zone of 84,500 – 84,700 USD.

Target: 86,500 – 86,900 USD (near resistance zone)

Stop loss: below 83,300 USD

Defensive strategy: SHORT

If BTC cannot break above 86,500 USD and creates a reversal candle pattern (e.g., shooting star candle), you may consider a short position from the peak zone.

In summary:

Priority: Long if the price maintains above 84,700 USD.

Conversely: Short when weak signals appear at the 86,500 USD zone.

LONG ORDER

Entry: 84,700 – 85,000 USD (when the price retests the MA7 and MA25 zones)

Take Profit (TP):

TP1: 86,500 USD (latest peak)

TP2: 86,900 USD (higher resistance)

Stop Loss (SL): 83,300 USD (below strong support zone)

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