BTC/USDT (Bitcoin) Update – April 7, 2025 Bitcoin (BTC) has been exhibiting a consistent pattern of sharp declines during weekends, which is a strong indication of bearish sentiment dominating the market. This recurring weekend sell-off reflects the uncertainty and cautious behavior among investors, especially in low-volume trading hours. As a result, the short-term outlook appears to be leaning toward further downside movement unless sentiment shifts significantly. At present, BTC seems to be heading toward the critical $70,000 to $71,000 support range. This zone will be crucial in determining the next major move. If the price can find strong buying interest in this area, we could see a temporary bottom forming, potentially leading to a short-term reversal. A successful bounce from this support could push the price back up toward the $90,000 resistance level, continuing the larger bullish macro trend. However, if bears manage to break through the $70,000 support decisively, the next major support level lies in the $64,000 to $65,000 range. This zone is particularly significant because it aligns with the previous all-time highs from the 2020-2021 bull market. Historically, these levels tend to act as strong support when revisited after a breakout. A consolidation or bounce from here could still keep the macro bullish structure intact and pave the way for another leg higher toward the $90,000 zone. On the flip side, in the event of a broader market crash or extreme capitulation, Bitcoin could fall further to test the $50,000 to $53,000 range. This level corresponds closely with the 200-week Exponential Moving Average (EMA), a long-term trend indicator that has historically provided solid support during deep corrections in Bitcoin's price cycle. BTC is currently at a critical juncture. The $70K-$71K area must hold to maintain short-term bullish hopes. Failure to do so would likely drag the price to the GETTEX:64K - FWB:65K region. A deeper correction toward the $50K-$53K range remains a possible scenario in case of a significant market downturn. As always, traders should remain cautious and monitor these key levels closely. #bitcoin #cryptocurrency #BTC #trading #crypto #forextrading #forex #technicalanalysis #stockmarket #gold #XAUUSD
Palantir is currently breaking down from a clear distribution pattern, failing to reclaim previous highs and showing signs of a macro-driven top. The chart highlights a series of lower highs, breakdown of rising trendline support, and increasing downside momentum. From a fundamental standpoint, Palantir is still trading at an exceptionally high valuation: P/E (TTM): ~350 Forward P/E: ~130 Valuation far exceeds even the average Nasdaq tech stock In the context of a shifting macro environment: Trade war escalations and tariffs are increasing pressure on the tech sector, particularly AI-driven companies like Palantir that depend on high-performance chips. Rising inflation risk, combined with persistent interest rates, is likely to continue pushing investor sentiment away from overvalued growth stocks. Broader market rotation from risk-on to risk-off suggests capital will exit speculative names. From a technical perspective: Trendline support has broken There is a deeper demand zone between $14–18, which coincides with volume shelf and pre-hype accumulation range This is not a call for an immediate collapse, but rather the beginning of a macro-level revaluation process. Short-term bounces are to be expected, but the overall trend appears to be decisively down unless strong macro or fundamental catalysts reappear. Target zone: $14–18 Stop invalidation: Weekly close above $103 --- Disclaimer: This is not financial advice. The content reflects a personal market view and is intended for educational purposes only. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.
The current fundamental environment: tariff issues and geopolitical conflicts are on opposite sides, so there are both bearish and bullish factors for the gold market, which have triggered fierce competition between long and short forces to a certain extent, exacerbating market volatility! At present, overall, the short forces have the upper hand, but the longs still have a certain ability to fight back! If the short energy is fully released during the process of gold falling to around 2970, then gold may still usher in a wave of rebound opportunities in the short term. First of all, the areas worthy of our participation in trading are mainly concentrated in the following: 1. The short-term support area below: 3010-3000; secondly, the important defensive area for bulls is: 2975-2965. 2. The short-term resistance area above: 3040-3050; secondly, the important defensive area for bears is: 3070-3080. This is the key area that we must pay attention to in the short-term, and it is also an important reference for our next short-term trading! The trading strategy verification accuracy rate is more than 90%; one step ahead, exclusive access to trading strategies and real-time trading settings
Hi there, BTC is potentially bullish on the H2, following the low of 74476.28 formed on the weekly chart and the ABC inside pattern from 84950.45. I anticipate that the price will form a high that could potentially extend the overall bearish momentum to further lows. So there is one bullish price target for a bias of 82444.87. Happy Trading, K. Not trading advice
GBP/USD maintains a bullish bias, with the broader trend and structure supporting upside continuation. The recent intraday move appears to be a corrective pullback toward a key prior consolidation area. Key Support: 1.2765 – aligns with the previous consolidation zone and potential bullish inflection point. Upside Targets: 1.2935 – initial resistance level 1.2985 and 1.3026 – medium to long-term bullish targets If price finds support at 1.2765 and forms a bullish reversal, it would confirm the continuation of the uptrend toward the mentioned resistance levels. However, a break and daily close below 1.2765 would invalidate the bullish scenario, suggesting deeper retracement toward 1.2688, with further support at 1.2632 and 1.2600. Conclusion GBP/USD remains bullish above 1.2765. Look for a bounce from this level to confirm upside continuation. A daily close below 1.2765 would turn the outlook bearish, exposing lower support levels. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Hey traders, I'm eyeing a potential long opportunity on Gold starting from the 2989 level. After Friday's sharp drop that flushed liquidity just below the key 3000 psychological zone earlier today, I’m anticipating a bullish pullback. If price dips back into that zone, I’ll be looking to go long with targets mapped out along the way. ? Here’s my trading idea: Entry: 2989.43 TP1: 3024.39 TP2: 3055.99 TP3: 3086.96 Stop Loss: 2969.80 This setup is built around a potential liquidity grab followed by a rebound—classic price action play. What’s your take on Gold today? ? Drop your analysis or plan in the comments. Let’s trade smart together. And if you find this idea valuable, a boost would mean a lot ?
next support line: 70k-55k my prediction is a red April, afterthat a month of recover.
Let’s be real: What’s happening with the S&P 500 right now is rare. This is only the fourth time in history that the index has dropped more than 10% in two days (technically three, including today’s Monday session). The other times? October 1987, November 2008 during the financial crisis, and March 2020 during the pandemic crash. And now? We’re seeing a similar drop, this time triggered by a global tariff war , stoked by the U.S. and other governments playing chicken to see who folds first. Yeah, it sucks. It hurts. But it could also be a hell of an opportunity. We just tagged the 4,800 level —a place many didn’t expect to see this quickly. Neither did I. But here we are. The untapped VWAP got hit, and this might very well be the start of Wave A. Could we go lower? Absolutely. There’s a monthly Fair Value Gap around $4,500, and a drop to $4,250 isn’t out of the question either. But here’s the thing: it depends entirely on your perspective. If you’re trading on the 30-minute chart, this is a full-blown crisis. But zoom out to the daily, weekly, or monthly chart—and it’s just market noise. Pull up the log chart from 1953 to 2025 in the top left corner. We’ve seen this before. A handful of times. And on that scale? Nobody cares. If you’re in the game to build long-term wealth, this moment is just another temporary shakeout. If you’re doing dollar-cost averaging, this is exactly where you want to be adding—not panicking. The market doesn’t care about your plan. It forces you to adapt. You can’t fight it, only flow with it. And if you’re in it for the long haul? This is just noise. Ignore it, zoom out – and stay the course.
Gold (XAU/USD) Price Outlook: ? Bearish Scenario: If the price of gold breaks and closes below the key support level of 3016, it will indicate a strong bearish signal. This breakdown would suggest that selling pressure is increasing, and we could see a continued downward move toward the next support zone. The immediate target in this case would be around 3002, where buyers may attempt to step in. A sustained move below 3002 could open the door for further downside. Key Levels to Watch: Support: 3016 (break level) Target: 3002/2978 Additional downside possible if 3002 fails to hold ? Bullish Scenario: On the other hand, if gold breaks and closes above the resistance level of 3030, it will signal bullish momentum and a possible continuation of the uptrend. This breakout could trigger buying interest, pushing the price higher toward the next resistance levels at 3052 and 3065. These levels will act as short-term targets for bulls. Key Levels to Watch: Resistance: 3030 (break level) Bullish targets: 3052 and 3065 Further upside possible if momentum continues above 3065
.Making LH or LL .No any indications of reversal .fibonacchi level 0.618 exact on entry point