BITCOIN 
BTCUSD | BTC BEARISH TREND & STRATEGIC BITCOIN RESERVE Mar09'25
Sparros Exchange Trend Table:
BTCUSD Weekly: Bullish
BTCUSD Daily: Bearish
BTCUSD 4H: Bearish
BTCUSD 1H: Bearish
Bitcoin Zones:
Bitcoin BUY/LONG ZONE (GREEN): $90,500 - $106,000
Bitcoin DO NOT TRADE/DNT ZONE (WHITE): $84,000 - $90,500
Bitcoin SELL/SHORT ZONE (RED): $69,000 - $84,000
Bitcoin is currently trading at $86,000, reflecting a bearish trend after reaching its all-time high nearly two months ago. The cryptocurrency has experienced substantial volatility, with the price having previously consolidated in higher ranges.
As of recent developments, the U.S. government has announced a "Strategic Bitcoin Reserve," indicating the government’s growing commitment to digital assets. This move is seen as part of a broader strategy to strengthen the U.S.'s position as a leader in the global digital currency space, though no specific amount of Bitcoin has been disclosed for this reserve.
This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas.
ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE!
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BTCUSD | BTC BEARISH TREND & STRATEGIC BITCOIN RESERVE Mar09'25Sparros Exchange Trend Table:
BTCUSD Weekly: BullishBTCUSD Daily: BearishBTCUSD 4H: BearishBTCUSD 1H: BearishBitcoin Zones:
Bitcoin BUY/LONG ZONE (GREEN): $90,500 - $106,000
Bitcoin DO NOT TRADE/DNT ZONE (WHITE): $84,000 - $90,500
Bitcoin SELL/SHORT ZONE (RED): $69,000 - $84,000
Bitcoin is currently trading at $86,000, reflecting a bearish trend after reaching its all-time high nearly two months ago. The cryptocurrency has experienced substantial volatility, with the price having previously consolidated in higher ranges.
As of recent developments, the U.S. government has announced a "Strategic Bitcoin Reserve," indicating the government’s growing commitment to digital assets. This move is seen as part of a broader strategy to strengthen the U.S.'s position as a leader in the global digital currency space, though no specific amount of Bitcoin has been disclosed for this reserve.
This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas.
ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE!
trendanalysis, trendtrading, priceaction, priceactiontrading, technical indicators, support and resistance, bitcoin, bitcoin price, bitcoin halving, btcusd, btc,
BTC,
BTCUSD, bitcointrades, bitcoinlong, btcusdlong, bitcoinshort, btcusdshort, bitcoinanalysis, bitcointrend, bitcoinrange, bitcointriangle, triangle, ascendingtriangle, chartpatterns, trianglechart, ascendingtrianglebreakout, chartpatternbitcoin, bitcointriangle, bitcoinhalvingschedule, bitcoinbreakout, bitcoinrange, bitcoinrangebreakout, triangularpattern, flag, bitcoinpatterns, bitcoinchartpatterns, btcpatterns, btctriangletrade, btctrianble, btctrend, btctrades, btclong, btcshort, btcrange, btcbreakout, btcbreakdown, bitcoinover100000, bitcoin100, bitcoinover100, onehundredthousand, bitcoinascendingtrianglepattern, bitcoinpullbacks, bitcoindrop, bitcoinpricerallyNote
Bitcoin is dropping!
TRADING WITH TONY, ACCESS TO MY PRIVATE TV CHARTS:
discord.gg/Cm6fXcbw4h
discord.gg/Cm6fXcbw4h
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
TRADING WITH TONY, ACCESS TO MY PRIVATE TV CHARTS:
discord.gg/Cm6fXcbw4h
discord.gg/Cm6fXcbw4h
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.