Academician's Prophecy in the Crypto World! Bitcoin's reverse pickup was successful, have you boarded? Trump Effect! Unveiling the Bitcoin W double bottom pattern! Latest market analysis reference.

CN
9 days ago

The essence of trading is survival, and only then comes profit. Therefore, before each operation, think carefully about whether your actions are reasonable and whether your capital is safe. You need to develop a trading mindset that belongs to you, continuously optimizing and improving it. Although the suggestions from the crypto circle academicians may not make you rich overnight, they can help you sustain yourself. Only those who survive in the crypto space for the long term and persist until the end can achieve the results they desire. I hope you understand this.

I am a warrior in the crypto circle, always protecting the retail investors. I wish my followers financial freedom by 2025. Let's work hard together!

Crypto Circle Academician: April 9, 2025 Bitcoin (BTC) Latest Market Analysis

The current price of Bitcoin is 82,000. It is now 3:30 AM Beijing time. Yesterday, I mentioned that the main force was reversing and asked if everyone was getting on board. Many loyal fans did follow along. The one-sided upward trend has arrived. Friends, is it bullish? This wave of the main force is picking people up. I clearly stated in yesterday's article not to panic sell. Many crypto friends messaged me saying they got on board in the 76,000 to 75,000 range. I have only just found time to update after chatting until now. After hitting 83,000, it started to pull back. Those who got on board when it broke 82,000 can consider taking profits. This move has over 5,000 points of space, enough for everyone to double their positions.

The daily K-line reached a high of 83,000 and a low of 74,550. The daily K-line was influenced by the US market in the evening, pulling back and returning above 80,000. Trump understands finance; he has stopped increasing tariffs for 90 days, and the capital market has started to warm up. The daily K-line has returned to the EMA15 trend line near 82,000 and is now challenging the EMA30 resistance level at 83,800. The MACD shows a decrease in volume with an increase in positions, and the Bollinger Bands are under pressure at 83,500. Pay attention to this position to see if the main force can stabilize at the middle track and continue to push up. It is not ruled out that the main force will take the opportunity to stretch, as the negative news has basically played out, leaving only positive news.

In the four-hour K-line, you can see a typical W double bottom pattern. In the past four hours, 750,000 short positions were liquidated. The four-hour K-line has directly stretched and broken the EMA120 trend line resistance at 82,600. Although it has temporarily returned to the trend, the bullish momentum has opened up. The MACD shows a clear increase in positions, with the DIF and DEA forming a golden cross upwards. The upper Bollinger Band at 82,100 has been lost, and the K-line has broken the upper band. The overall trend is expected to continue to push up. In the short term, do not short; wait for opportunities. Those looking to go long can wait for a pullback below 81,000 for support before proceeding.

Short-term strategy reference: The market is never 100% certain, so always set stop losses. Safety first; small losses and big gains are the goal.

Long position entry point: 81,000 to 80,500, with a stop loss at 80,000, risking 500 points. Target: 82,000 to 82,500, with a breakout target of 83,000 to 83,500.

Short position entry point: 83,500 to 84,000, with a stop loss at 84,500, risking 500 points. Target: 82,500 to 82,000, with a breakout target of 81,500 to 81,000.

Specific operations should be based on real-time market data. For more information, you can consult the author. There may be delays in article publication; the suggestions are for reference only, and risks are borne by the reader.

This article is exclusively contributed by the Crypto Circle Academician and represents the unique views of the Academician. In-depth research has been conducted on BTC, ETH, DOGE, DOT, FIL, EOS, etc. Due to the timing of the article's release, the above views and suggestions may not be real-time and are for reference only. Risks are borne by the reader. Please indicate the source when reprinting. Manage your positions reasonably and avoid heavy or full positions. The Academician also hopes that all investors understand that the market is always right. If you are wrong, you should reflect on where the problem lies. Do not let the profits that should be yours slip away. There is no need to be smarter than the market. When a trend comes, respond to it; when there is no trend, observe and remain calm. It is not too late to act once the trend becomes clear. Tomorrow's success stems from today's choices. Heaven rewards diligence, the earth rewards kindness, humanity rewards sincerity, business rewards trust, industry rewards excellence, and art rewards passion. Gains and losses often occur unexpectedly. Develop the habit of strictly setting stop losses and take profits for each trade. The Crypto Circle Academician wishes you happy investing!

Warm reminder: The above content is solely created by the author of the public account. The advertisements at the end of the article and in the comments section are unrelated to the author. Please discern carefully. Thank you for reading.

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