Analysis $BTC 03/20/2025
#BTC , even though we are falling again after TRUMP appeared on the screens, it still looks good. I’m starting to think that whenever TRUMP and POWELL were swapped kkkkkk, NOW Powell speaks and the Market rises, TRUMP speaks and the market FALLS, unbelievable this change... but of course, much of this is due to a communication failure between what Trump should say and what he says, and I’m not just talking about expectations, but rather the communication of his team with the main news channels.
I added some circles to the chart, the orange ones to demonstrate that yesterday we were rejected once again at the EMA 200 (4H) which was around $88K and it was crucial for us to recover quickly. However, I also added the white circles to show that at the current moment, the price may only form a higher low as it has been forming previously, and this still puts us in a good situation.
It’s clear that we must preserve $85K as support, so we will stay above the EMA 50/100 and this will propel us back to $88K for another attempt to break that EMA 200 region.
The BEARS Perp are the ones leading this downward movement, a bold move, but it’s quite likely that the BULLS will appear soon. A movement led by PERPs is not reliable, no matter the side.
We are better than before, don’t make it seem like we aren’t!
The same thought from yesterday remains here:
A close above $85K is good and I expect a quick reaction from the #altcoin as soon as we recover $90K here.
$95K soon!
#BTC , even though we are falling again after TRUMP appeared on the screens, it still looks good. I’m starting to think that whenever TRUMP and POWELL were swapped kkkkkk, NOW Powell speaks and the Market rises, TRUMP speaks and the market FALLS, unbelievable this change... but of course, much of this is due to a communication failure between what Trump should say and what he says, and I’m not just talking about expectations, but rather the communication of his team with the main news channels.
I added some circles to the chart, the orange ones to demonstrate that yesterday we were rejected once again at the EMA 200 (4H) which was around $88K and it was crucial for us to recover quickly. However, I also added the white circles to show that at the current moment, the price may only form a higher low as it has been forming previously, and this still puts us in a good situation.
It’s clear that we must preserve $85K as support, so we will stay above the EMA 50/100 and this will propel us back to $88K for another attempt to break that EMA 200 region.
The BEARS Perp are the ones leading this downward movement, a bold move, but it’s quite likely that the BULLS will appear soon. A movement led by PERPs is not reliable, no matter the side.
We are better than before, don’t make it seem like we aren’t!
The same thought from yesterday remains here:
A close above $85K is good and I expect a quick reaction from the #altcoin as soon as we recover $90K here.
$95K soon!
