📢 Bitcoin Update – 04.03.2025
Bitcoin is moving like Dogecoin used to—where every tweet from Elon Musk pumps the price, only to dump soon after. Yesterday's price action proved it again. On Sunday, after Trump's tweet, BTC surged, but today, it has completely reversed.
🔍 Technical Perspective:
Even though the move was fake, Bitcoin perfectly retested the yellow zone before dropping. It has now reached the black line, which represents a key retracement level on the daily bearish trend.
🚨 What's Next?
➡️ BTC could drop further to retest the lower yellow zone or reverse from here.
🚫 No buy trades at the moment.
✅ Sell trades can be considered, but stop-loss is a must!
⚠️ Market is highly manipulated by news, so trade cautiously!
#Bitcoin #CryptoAnalysis #BTC #Trading
Bitcoin is moving like Dogecoin used to—where every tweet from Elon Musk pumps the price, only to dump soon after. Yesterday's price action proved it again. On Sunday, after Trump's tweet, BTC surged, but today, it has completely reversed.
🔍 Technical Perspective:
Even though the move was fake, Bitcoin perfectly retested the yellow zone before dropping. It has now reached the black line, which represents a key retracement level on the daily bearish trend.
🚨 What's Next?
➡️ BTC could drop further to retest the lower yellow zone or reverse from here.
🚫 No buy trades at the moment.
✅ Sell trades can be considered, but stop-loss is a must!
⚠️ Market is highly manipulated by news, so trade cautiously!
#Bitcoin #CryptoAnalysis #BTC #Trading
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Join OUR VIP Gruop for Analysis on Demand
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ALL SIGNALS LIVE UPDATE ON TELGRAM FREE
t.me/MoonTradingForecast
VIDEO ANALYSIS ON YOUTUBE FREE
youtube.com/@MoonTradingForecast
t.me/MoonTradingForecast/38108
ALL SIGNALS LIVE UPDATE ON TELGRAM FREE
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VIDEO ANALYSIS ON YOUTUBE FREE
youtube.com/@MoonTradingForecast
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.