🦉 BTC To Hit $250,000 This Year?

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BTC USD 1 DAY 🔬

Relief Rally or Reversal? 

BTC Faces Crucial Levels Amid Ongoing Downtrend

Bitcoin has faced significant downside pressure in recent months, falling from a cycle high above $109,000 to recent lows near $74,000. While that move alone is substantial, the broader technical landscape suggests the correction may not be over just yet.

Yesterday’s announcement that Trump would pause tariffs triggered a sharp reaction across risk assets, with BTC rallying over 10% intraday. However, while the move was notable, it has yet to alter the larger structural trend. For Bitcoin to begin carving out a meaningful reversal, it must first reclaim the $85,200 level and then establish a higher low. Until that occurs, the trend remains clearly to the downside.

Relief rallies and sharp bounces are to be expected in downtrends, particularly on lower timeframes. But higher timeframes still show firm bearish momentum, with key moving averages on both the daily and weekly charts aligned to the downside. While that momentum can shift—and could even begin to shift today—price action hasn’t confirmed a reversal yet.

In technical analysis, it’s rarely wise to bet against the dominant trend without clear evidence of change. And although it's not impossible for things to turn quickly, we simply haven’t seen that confirmation yet. Until proven otherwise, the path of least resistance remains down.

Let’s see if bulls have the fuel to push BTC back above key levels and begin a legitimate trend reversal.

Book a free consultation at http://tacticaltradinghub.com to get started. See you on the inside!

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CRYPTO VIDEO SPOTLIGHT - TARIFFS A HIDDEN BULL SIGNAL? 🔦

T’S HOOT’S OF ENLIGHTENMENT - CRYPTO VOLATILITY 💡

Crypto volatility refers to the rapid and significant price fluctuations commonly seen in digital assets like Bitcoin and Ethereum. Unlike traditional financial markets, the crypto market is relatively young, less regulated, and heavily driven by speculation, all of which contribute to its high volatility.

Several factors influence this volatility. Market sentiment—driven by news, social media, and influential figures—can cause sharp price movements in either direction. Liquidity also plays a role; since the crypto market is smaller than traditional markets, large trades can have an outsized impact on price. Additionally, regulatory developments, technological upgrades, and security breaches (like exchange hacks) can create sudden shifts in investor confidence.

Volatility in crypto can present both risk and opportunity. While it allows traders to capitalize on short-term price swings, it also increases the chance of significant losses. Long-term investors may view this volatility as noise, focusing instead on the asset’s growth potential over time.

To manage volatility, investors often diversify portfolios, use stop-loss orders, or apply dollar-cost averaging. Despite the risks, many are drawn to crypto due to its high-reward potential. As the market matures, volatility may decrease, but it remains a defining characteristic of cryptocurrency today.

Want to learn more? Join us today… www.dailygainscrypto.com 

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