🔍 Technical Analysis of Bitcoin: Trading Strategy for the Week.
In recent days, Bitcoin has shown significant volatility, oscillating between $85,000 and $90,000. This consolidation suggests a struggle between buyers and sellers, with key levels that could define the next trend.
📊 Key Levels:
Supports: $85,000 and $90,000
Resistances: $100,000 and $107,000
The RSI is at neutral levels, while the MACD indicates a possible buy signal.
📈 Trading Strategy:
🖥️ Long Entry (Buy): If BTC breaks and holds above $90,000 with significant volume, it could be a signal to enter long, aiming for the mentioned resistances.
🖥️ Short Entry (Sell): If BTC falls below $85,000, it could be an opportunity to enter short, with targets at the lower supports.
⚠️ Recommendation:
Given the current volatility, it is essential to use stop-loss orders and manage risk appropriately.
Are you ready to take advantage of the opportunities that the Bitcoin market offers this week? Share your strategies and opinions in the comments!
👁️ This analysis is based on data available until May 2, 2025.
Remember! Markets can change rapidly; always conduct your own research before making investment decisions.
