If April’s candle starts above 108,000 price area, anticipate a possible quick move to the downside, given that Bitcoin couldn't sustain the current light blue uptrend line and is now more likely to touch >48k price area. 📉
Bitcoin can have a chance to turn bullish once it's back above light blue uptrend line, suggesting April's candle needs to start above 104,800 price range. 📈
Bitcoin reaching >120,000 is still a possibility if a strong rally can play out before June 2025.
The risk of a flash crash down to 10,000 price range seems very real also. 📉
CURRENTLY BITCOIN IS IN SELL MODE 🙃
What’s your strategy if the Bitcoin price touches 10,000 range? 🤑
