🟩 Analysis of $BTC /USDT (H1) – Date 21/04/2025
- Current price: 87,244.66 USDT (+3.20%/24h)
- Recent developments:
- Recovered from the low of 83,949.52 (20/04)
- Broke resistance at 88,000 → peaked at 88,465.99 → adjustment
- Volume: Strong increase when breaking the peak (3,888K), reduced to 119 during adjustment → selling pressure
- MA(21): 87,204.36 → price is above MA → confirms short-term uptrend
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🔧 Support – Resistance
- Near support: 86,704.57
- Strong support: 85,710.94
- Resistance: 88,465.99
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📰 Impact news
- Price increase due to:
- President Trump suspending tariffs for 90 days (9/04) → positive market sentiment
- Strategic Bitcoin Reserve plan & proposal for BTC payments in New York
- Downward pressure due to:
- Fed Chair Powell warning of interest rate hikes if tariffs extend (16/04) → BTC dropped -2.5% to 83,700
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🎯 Short-term trading strategy
▶️ Buy on pullback:
- Entry: 86,704.57–87,000 (support area + confirmation candle)
- TP:
- TP1: 88,000 (+1.5%)
- TP2: 88,465.99 (+2%)
- SL: 85,710.94 (-1.2%)
- R:R: 1:1.5 (TP1)
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⚠️ Risk management
- Risk 1–2% of account
- Maximum leverage 3x
- Monitor Fed news, tariff policies, and volume fluctuations
- If price breaks 85,710.94 → cut position early to avoid risk