Just opened a short trade on xcn. Targeting 0.016744
Roughly 4+RR
Trend trade.
Daily is correcting
4hr and 1hr already flipped bearish.
Market not at strong support where enough demand is likely to come back in to make new Daily HL
-DTT
Market Update: Bitcoin Holding Strong Amid Broader Market Weakness
As mentioned earlier, Bitcoin has shown resilience amid broader market declines triggered by Trump-era policies and ongoing tariff tensions. While it's not on par with gold as a traditional safe haven, Bitcoin has remained well above the critical 73K risk zone.
Global trade negotiations continue, with a particular focus on US-China relations. Progress in this area suggests potential easing of tensions, which could support broader market sentiment.
Technical Outlook: On the daily and weekly charts, Bitcoin has broken above trend resistance and moved from the sell zone into a buy zone, attracting renewed interest. Currently, it's consolidating within the 92K–95K range. A recent false breakout at resistance triggered a correction, and we’re now closely watching for where that correction stabilizes—this will help define key support for potential consolidation.
Resistance levels: 95K, 100K, 102.5K
Support levels: 93.5K, 92.9K, 92K, 91K
To break above 95K and aim for 100K+, Bitcoin needs to establish a solid consolidation pattern. At present, such a formation hasn’t developed. The key zone to monitor is 95K–92K. If Bitcoin holds this range and resumes testing the 95K level, we could see a breakout toward 100K. Failure to hold this support may open the door for a deeper correction down to 91K–88K.
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Thank you.
WHAT DO YOU FEEL
When you buy something and it goes down?
Loss is buy high and SOLD low, visa versa.
I'm not insinuating that you should loose but what you should reflect on yourself,
When you made that decision to Invest or trade.
The length of time for it to get there, volatility, range. Account size
Main thing for me is my emotional position : MY EXPECTATION
I'm sorry to upset the guru
All other people analysis and mine will fit individually.
It will not fit the world.. analysis for 3mo-- > will not tally " you who trade intraday"
analysis for today___> won't fit "those invest for 6mo"
Again... find what fits your profile.. how patience? how long you are willing to wait? if it goes to target.. how satisfied will you be on your exposure?
Too long.. of my view. Hope this reach someone.
Not your guru.. but I could be a friend
My POV dont matter.. haha
If April’s candle starts above 108,000 price area, anticipate a possible quick move to the downside, given that Bitcoin couldn't sustain the current light blue uptrend line and is now more likely to touch >48k price area. 📉
Bitcoin can have a chance to turn bullish once it's back above light blue uptrend line, suggesting April's candle needs to start above 104,800 price range. 📈
Bitcoin reaching >120,000 is still a possibility if a strong rally can play out before June 2025.
The risk of a flash crash down to 10,000 price range seems very real also. 📉
CURRENTLY BITCOIN IS IN SELL MODE 🙃
What’s your strategy if the Bitcoin price touches 10,000 range? 🤑
