On the weekly frame, between the last two lows, there is negative divergence, while the peak has no negative divergence. Notice that as soon as we came to the area from which the price launched, when it returned to the same area, it started to show a reverse reaction. Look at USDC, it preceded USDT and broke the wall, which is the resistance. It will not rest in the rise until they exit the sellers' market. Even if you are a buyer, you must know these things so that if a reversal occurs in the rise, you know why it reversed. The upward momentum for USDT and USDC must decrease, otherwise there will be doubt in the rise.
This chart shows a potential strong upward signal based on the MACD indicator.
The chart indicates that a "bottom" in price has been recorded three times.
If the previous scenario repeats as shown in the chart, this is a signal of the beginning of a new upward wave. The chart is based on technical analysis and not a specific news event, but it provides a good probability that the market may surge upwards soon.
Bitcoin on the four-hour frame, we now have a clear and explicit breakout of all downward trends and a successful and stable bounce above them. The upcoming target for the technical analysis of Bitcoin is to aim for the areas of 87,200, then the areas of 88,000 and 888,500. This is a critical area to continue the rise, provided that it remains above this number with two four-hour candles, and preferably a daily bounce for final confirmation. It is not strange that all the numbers mentioned in the picture in front of you are targets for the currency as they correspond to Fibonacci levels and also to the harmonic patterns drawn in front of you. We take into account that the descending wedge pattern is one of the strongest technical patterns for changing direction. The price is expected to now surge beyond the target of 110,000 for one currency unit within a price range that does not exceed three months, God willing. We also have a harmonic model that meets the conditions on the daily frame, which has interacted positively, and we are waiting to achieve the targets of the stronger model within this condition, and the last target corresponds to the Fibonacci school and price clusters, which is at 129,000.
The more red the color is = the market is in a state of extreme speculation and exaggeration.
The more blue or below zero the color is = the market is in a state of calm or even a buying opportunity.
How to read the indicator
Current value = 0.854 (noted above as Bearish) It means the indicator is close to the danger level or "overvalued" (but has not reached the extreme levels of the red bubble).
Each time the indicator reached above 1 (dark red), strong corrections in the market followed.
And if the indicator drops below zero (dark blue), it often indicated excellent buying opportunities.
In short:
The market now has momentum and speculation, but it has not yet entered a full red bubble.
The indicator gives you a signal to be cautious of the possibility of a nearby correction if the market continues to rise without pause.
Market Outlook: This rise is seen as a significant correction from the drop of 109,000 to 74,000, and I believe it marks the beginning of a new bull market.
Conclusion: The bullish trend is intact with expected corrections, and the 74,000 level remains crucial to confirm positivity or negativity.
The chart in front of you shows you two important things
The white line is the price of Bitcoin
The blue line is the amount of Bitcoin held by offices outside of trading platforms like ETF funds or large companies and institutions, which are the major investors, symbol OTC
What is happening in the chart
💥 The blue line decreases when offices are buying and pulling Bitcoin from their holdings, and when this happens, there is a decrease in supply, and we all know that a decrease in supply raises the price represented by the white line.
In short, the more the blue line drops, the higher the price rises, meaning the whales are buying and holding Bitcoin
Is it clear, guys?
Please interact strongly for this educational lesson
Market cap = Currency price * Number of circulating coins
So if we want the expected currency price
With a simple calculation, currency price = Market cap / Number of coins
For example
If you want to know the price of the SUI currency now with circulating coins excluding the locked ones
= Market cap / Number of coins in circulation
= 7500000000 / 3240000000
= 2.31 which is its current price
This means in the future, if you want to predict if the market cap reaches 20 billion, you can when you divide this market cap by the supply, whatever the supply is at that time, you can predict the price
The sequence of events really makes you believe that we are on the right track
In 2017, they said institutions would not buy Bitcoin, and now we see massive purchases
In 2020, they said Bitcoin would not be recognized as an official currency for any country, and now we see more than one country, led by El Salvador
In 2021, they said an ETF investment fund would never be created for Bitcoin, and now we have ETF funds for BTC, ETH, SOL, and more currencies coming
In 2024, they said Trump is a liar and would not recognize Bitcoin, and now the White House and government are supporting Bitcoin, and there is a whole administration dedicated to cryptocurrency.
In 2025, they said a strategic reserve of Bitcoin would not be created, and the fool created a reserve and will buy more in the future
We encountered this resistance yesterday and could not break above 84,000 $
Then a slight correction occurred as we saw
And Bitcoin will try to retest the same levels
But we entered the weekend
And you know that trading volume tends to be weak
But the movements during this month
Will be within the range
Between 83,000 _ 89,000
Until the end of April and we await the Federal decision in May, so if there is a reduction in interest rates, expect a strong rise in Bitcoin and alternative currencies
But we also have the issue of tariffs, especially between America and China
Any negative or positive news regarding this issue will affect the market