Analysis $BTC 10/05/2025
#BTC , we had an incredible breakthrough here and reached the area where I expected, finally, and within expectations, the #altcoin advanced quickly as soon as we reached this $95K region, however, despite having continued quite quickly to $105K when we broke $98K, I still think a retest there would be ideal for a healthy chart and would obviously make the RSI much better.
It is very likely that tomorrow we will have Saylor buying and a few more companies that are copying his trading model, if we have something in this sense, we could break $105K and try to create support there, of course, it wouldn't be ideal, but it should work well too.
Tomorrow we will have the closing of the weekly candle, which will put us in a very good situation if we close tomorrow close to $105K. It is very likely that the bottom of this week has been established as the support for us to reach the ATH, and we need very little here for that.
It's the weekend and prices are never reliable, but I will be particularly interested in the price tomorrow. I hope we have some lateralization at $102K/$105K, putting us on track to break the orange range on the chart, as we will certainly have the RSI improving (with lateralization).
It still looks good here!
I am extremely optimistic about Altcoins!
#BTC , we had an incredible breakthrough here and reached the area where I expected, finally, and within expectations, the #altcoin advanced quickly as soon as we reached this $95K region, however, despite having continued quite quickly to $105K when we broke $98K, I still think a retest there would be ideal for a healthy chart and would obviously make the RSI much better.
It is very likely that tomorrow we will have Saylor buying and a few more companies that are copying his trading model, if we have something in this sense, we could break $105K and try to create support there, of course, it wouldn't be ideal, but it should work well too.
Tomorrow we will have the closing of the weekly candle, which will put us in a very good situation if we close tomorrow close to $105K. It is very likely that the bottom of this week has been established as the support for us to reach the ATH, and we need very little here for that.
It's the weekend and prices are never reliable, but I will be particularly interested in the price tomorrow. I hope we have some lateralization at $102K/$105K, putting us on track to break the orange range on the chart, as we will certainly have the RSI improving (with lateralization).
It still looks good here!
I am extremely optimistic about Altcoins!
