Hello friends!
Unfortunately, economic instability and the trade war have severely undermined expectations for the crypto market.
Although Bitcoin is now showing strong bullish signals, you should not place too much hope in them.
Crypto is currently highly correlated with the stock markets, which are facing challenges.
Here are some thoughts on the market at the moment.
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https://x.com/wacy_time1/status/1913578630384591186
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AlΞx Wacy 🌐 (@wacy_time1) on X
$BTC is showing some strong bullish signals:
• RSI & Relateds - cooled off, hinting at a potential new growth wave
• Price is still holding above the 50MA — a level $BTC broke above back in spring 2023 and hasn’t dipped below since.
But it’s not that simple...…
21April 19, 2025 9.2K 3