As analyzed in the daily chart
$BTC , the MA25 crossing above the MA99 is the first essential condition for a significant recovery signal. The second condition is strong volume, which is currently weak, so a drop is entirely possible. The movement also shows that after hitting 79k5, it adjusted down to 76k5. Currently, we have two scenarios:
1. Positive Scenario: Following the trend, there will be a correction to 70k-75k to boost volume significantly, allowing for strong accumulation, leading to a substantial rebound since people will feel that the 78k-80k price range is high, and the market needs to gradually get used to the new price zone and gather enough volume.
2. Negative Scenario: A decrease in price combined with negative news could push the MA25 back below the MA99 again. If this happens, the drop zone could entirely be 50-60k.
In my assessment, Scenario 2 has a lower probability of occurring as it combines two extremely negative variables. Meanwhile, the actual trend is looking good with capital flow: the ETF is up 2 billion USD in April, and whale Michael Saylor continues to buy, with other whales showing similar trends.
Right now, I think we should confidently DCA, of course, you need to choose a reasonable price range and not just jump in at 79k to DCA 😂😂 and always ensure you have cash flow in your account, balance the amount used for DCA during this phase, buy when the red column appears, and just watch when the green column is present ;)))
As for gold, there's nothing to see
#BinanceAIPro $XAU if you have extra cash, go for it, but looking at the chart, it seems likely to crash below 4500 a lot 😂