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Ngư Ông Crypto
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Ngư Ông Crypto
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1/ Week 1 assessment (27/10-1/11/2025)
On 29/10/2025, this week we will evaluate a bit about $BTC . Yesterday was clearly a day of strong adjustment at #altcoins due to fluctuations at #BTC
1. Considering the larger frame for the weekly BTC chart (W1)
This will be the framework to determine the main trend of a significant price wave of BTC (attached image)
- The price is moving within a narrowing range (it could be a classic bull run pattern) if BTC breaks the 126K peak strongly.
- The upward trend structure has not been broken yet. The most recent upward wave saw BTC move from 74k to the ATH peak of 126k.
- Looking at the MACD momentum indicator, the histogram is in the negative opening area (red color), indicating that the wave is adjusting normally. In this red open momentum indicator area, BTC will adjust to create a bottom area that determines the next trend.
- Clearly, there is an anomaly between the price increase and the MACD decrease.
👉If the bottom area of the wave at 74k has not been broken, then anytime BTC approaches this area (74k-90k) is a buying opportunity.
👉Continue to observe BTC's reactions in the following weeks to respond in a timely manner.
✊P/s: Personally, I assess that $BTC will continue to adjust in this weekly frame (W1). I will observe and wait for the bottom area to form in the weekly session.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC-1.80%
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