Bitcoin
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(BTC/USD)pattern typically signals a buy opportunity price GO UP

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1. Harmonic Pattern (Possibly a Gartley or Bat pattern):

The points labeled X, A, B, C, D form a harmonic pattern suggesting a potential reversal zone near point D.

This pattern typically signals a buy opportunity at the end of the correction (point D), expecting the price to move upward.



2. Support and Resistance Zones:

Resistance Zone (upper shaded box): Indicates a price range where BTC has faced selling pressure in the past.

Support Zone (lower shaded box): Shows where BTC has historically found buying interest.



3. Ascending Channel:

The price is shown to be trending upward in a channel after the harmonic pattern completion, suggesting bullish momentum.



4. Trade Setup:

Entry Level: Around $84,513 (current price level marked on the chart).

Target Zone: Approximately $88,124, indicated by the green box.

Stop-Loss Zone: Below the entry, marked in red (likely just under $83,000).



5. Chart Timestamp:

The current chart time is Sunday, April 13, 2025, 08:00 UTC.




Interpretation:

This chart suggests a bullish outlook for BTC/USD based on harmonic pattern completion and price action within the ascending channel.

Feragatname

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