Bros, BTC fell 0.7% and lost 82,000. BTC has some downward trend after fluctuating at a high level. Despite the increasing use of digital assets by governments and institutions, these macroeconomic uncertainties still put BTC under tremendous pressure.
With BTC falling below the key 85,000 level, attention now turns to the next important support of 78,000. Historically, this area has been a strong accumulation zone. Price action has returned to this area many times in recent weeks. If this area level is tested again, it is very likely to provide an excellent opportunity to establish long positions for medium- and long-term transactions.
Continued institutional accumulation, coupled with broader trends in BTC adoption, suggest BTC has limited room to fall further, with BTC bottoming out in late March as Trump softened his rhetoric on trade tariffs, suggesting a possible price reversal. While short-term volatility is concerning, the outlook for BTC remains favorable for bullish accumulation at key support areas. If BTC can stand firm at 82,000 and rebound above 83,000, we can try long with a light position, targeting 84,000-85,000.
Many friends who have read my posts have reported that my trading ideas and strategies are very helpful to them. I always firmly believe that profitability is the criterion for measuring strength, and seizing the opportunity is the key to victory. I will post every day to share my trading strategies and ideas for free. If you have just entered the market and don’t know how to make more profits, if you are already in it but the harvest is not ideal, then you might consider taking a look at my profile.
BTCUSD BTCUSD BTCUSD
With BTC falling below the key 85,000 level, attention now turns to the next important support of 78,000. Historically, this area has been a strong accumulation zone. Price action has returned to this area many times in recent weeks. If this area level is tested again, it is very likely to provide an excellent opportunity to establish long positions for medium- and long-term transactions.
Continued institutional accumulation, coupled with broader trends in BTC adoption, suggest BTC has limited room to fall further, with BTC bottoming out in late March as Trump softened his rhetoric on trade tariffs, suggesting a possible price reversal. While short-term volatility is concerning, the outlook for BTC remains favorable for bullish accumulation at key support areas. If BTC can stand firm at 82,000 and rebound above 83,000, we can try long with a light position, targeting 84,000-85,000.
Many friends who have read my posts have reported that my trading ideas and strategies are very helpful to them. I always firmly believe that profitability is the criterion for measuring strength, and seizing the opportunity is the key to victory. I will post every day to share my trading strategies and ideas for free. If you have just entered the market and don’t know how to make more profits, if you are already in it but the harvest is not ideal, then you might consider taking a look at my profile.
BTCUSD BTCUSD BTCUSD Trade active
Bros, BTC is moving towards our goal. Have you followed my trading strategy and gone long?Many friends who have read my posts have reported that my trading ideas and strategies are very helpful to them. I always firmly believe that profitability is the criterion for measuring strength, and seizing the opportunity is the key to victory. I will post every day to share my trading strategies and ideas for free. If you have just entered the market and don’t know how to make more profits, if you are already in it but the harvest is not ideal, then you might consider taking a look at my profile.
Trade closed: target reached
Bros, today is a good start, isn't it? The brothers who followed me in the long trade have already started to make profits. How is the situation of the brothers?Many friends who have read my posts have reported that my trading ideas and strategies are very helpful to them. I always firmly believe that profitability is the criterion for measuring strength, and seizing the opportunity is the key to victory. I will post every day to share my trading strategies and ideas for free. If you have just entered the market and don’t know how to make more profits, if you are already in it but the harvest is not ideal, then you might consider taking a look at my profile.
Free trading signals are released every day, with a monthly return rate of nearly 400%. If you also want to copy trading signals, you can join the Telegram group: t.me/Allenview
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.
Free trading signals are released every day, with a monthly return rate of nearly 400%. If you also want to copy trading signals, you can join the Telegram group: t.me/Allenview
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.