Analysis $BTC 14/03/2025
#BTC, really good... we went up to the $79K region and the bulls acted quickly to support the price in that region, making a higher low and reaching the price we need to maintain for the next 4 hours which is $84,200.
We still have the EMA 100 (4H) acting as resistance here and it is clear that things are more difficult because we are entering the weekend, but I still think that if we are able to make a good close today, then we can create a trading channel over the weekend that goes from $84,200/ $89K.
We need to recover the EMA 200 (4H) to start a clear uptrend again, some #altcoin are already further ahead, of course.
It is interesting to observe the movement of the big bears at $95K when there is a quicker price action from the BULLS here. As soon as we reach $90K, most of the large sell orders at $95K should be pulled this time. Sounds good!
We are entering the weekend and there isn't much to observe except for a good close today. Everything else remains the same and the thought is the same:
"The FED has good cards on the table to play next week, so it will be interesting to see how they will do that. Any signaling of cuts in the next meeting is enough for the market to react.
"Most Traders, Investors, and even analysts remain bearish here, but I think that this whole situation with TRUMP's tariffs should start to settle in the coming weeks, and it is quite likely that we will have something good coming from the FED, which puts us back in a good scenario to have a good month in March, after all, there is still time for that."
$95K again, soon!
#BTC, really good... we went up to the $79K region and the bulls acted quickly to support the price in that region, making a higher low and reaching the price we need to maintain for the next 4 hours which is $84,200.
We still have the EMA 100 (4H) acting as resistance here and it is clear that things are more difficult because we are entering the weekend, but I still think that if we are able to make a good close today, then we can create a trading channel over the weekend that goes from $84,200/ $89K.
We need to recover the EMA 200 (4H) to start a clear uptrend again, some #altcoin are already further ahead, of course.
It is interesting to observe the movement of the big bears at $95K when there is a quicker price action from the BULLS here. As soon as we reach $90K, most of the large sell orders at $95K should be pulled this time. Sounds good!
We are entering the weekend and there isn't much to observe except for a good close today. Everything else remains the same and the thought is the same:
"The FED has good cards on the table to play next week, so it will be interesting to see how they will do that. Any signaling of cuts in the next meeting is enough for the market to react.
"Most Traders, Investors, and even analysts remain bearish here, but I think that this whole situation with TRUMP's tariffs should start to settle in the coming weeks, and it is quite likely that we will have something good coming from the FED, which puts us back in a good scenario to have a good month in March, after all, there is still time for that."
$95K again, soon!
