Greetings to you on the crypto site. My name is Viktor and today I will share my opinion about #bitcoin, #btc-usdt, using the TradingView service, here Prediction Bitcoin this week, 7-04-2025
Up-to-date Bitcoin price forecast for the week of April 8, 2025 from @CryptoViktor_UA. Analysis of the stock market’s influence, gold overview, altcoins, liquidation map, and technical indicators to determine Bitcoin’s next direction.
Bitcoin: Black Monday Passed? Market Overview on 04/08/25
Weekly Bitcoin Forecast for April 8, 2025: Market Analysis, Gold & Altcoins by @CryptoViktor_UA
Following the “Black Monday” on the stock market, @CryptoViktor_UA analyzes the impact of these events on Bitcoin. We’ll examine key factors, gold, altcoins, and the stock market to forecast the further movement of the first cryptocurrency.
Article Plan:
Article Sections:
Impact of “Black Monday” on the stock market on Bitcoin
@CryptoViktor_UA begins the review by analyzing the impact of yesterday’s stock market crash on Bitcoin. After significant volatility in traditional markets, the author considers how these events might affect the first cryptocurrency.
Fear and Greed Index: extremely low level
The Fear and Greed Index is at a very low level – 19, indicating panic among investors and fear of buying Bitcoin.
Bitcoin Technical Indicators: dominance of buyers
Despite the low fear index, the technical indicator on the hourly chart shows that most traders are currently actively buying Bitcoin.
Quarterly Statistics for Bitcoin and Ethereum: disappointing results
The first quarter of 2025 was negative for Bitcoin (-11%), and the second quarter also started with a fall (-3%). Ethereum showed even worse results with a 45% drop in the last quarter and a further 12% decrease in the current one.
Bitcoin Liquidation Map: movement from liquidity to liquidity
@CryptoViktor_UA explains that Bitcoin’s price movement often occurs from one liquidity zone to another. Big capital collects liquidity both from below and above, using constant price fluctuations. An analysis of the liquidation map on the weekly chart shows significant activity in the range of $83,000 – $87,000.
Crypto Risk Index: still in the “green zone”
Despite market instability, the crypto risk index for Bitcoin remains in the “green zone” (20%), indicating a low level of risk for purchases according to this indicator.
The “Gold first” idea: current situation
The author reminds viewers of his theory that Bitcoin’s price often follows the price of gold. An analysis of the weekly Gold chart shows the second consecutive red candle, which may indicate the beginning of a reversal in the price of gold. If this is confirmed, then in a month or two or three, we can expect Bitcoin to reach its maximum prices.
Psychology of Altcoin Investors: phase of distrust continues
@CryptoViktor_UA once again emphasizes the phase of maximum distrust in altcoins that continues in the market.
Chart Analysis: Gold, Bitcoin (monthly, weekly, daily), Bitcoin dominance, total crypto market cap, altcoins
The analysis of the monthly Bitcoin chart shows a continuation of the uptrend. On the weekly chart, the Stкаstic indicator is in the oversold zone, which may indicate future growth. Bitcoin dominance continues to grow (63%). The total cryptocurrency market capitalization shows growth this week, and altcoins show positive dynamics (+2%).
Bitcoin Technical Analysis: Stкаstic, MaxD, RSI indicators
On the weekly chart, the MaxD indicator shows a BUY signal. The RSI indicator on the daily chart shows a reversal from the oversold zone.
Weekly Forecast: expectation of a reversal after liquidity collection
@CryptoViktor_UA expects the Bitcoin price to start reversing this week after significant liquidity collection. On the daily chart, the author does not rule out another drop to $75,000, but the main forecast remains a continuation of the upward movement.
Bitcoin Hourly Chart: analysis of weekend price movements
The author analyzes Bitcoin’s price movements on the hourly chart over the weekend, noting a significant drop in price of $10,000 and a subsequent recovery.
Summary:
Despite the instability in the stock market, @CryptoViktor_UA sees signs of a possible reversal in Bitcoin’s price this week. The analysis of technical indicators and the liquidation map indicates the potential for growth. The author encourages viewers to conduct their own research and remember the risks of investing in cryptocurrencies.
Greetings to you on the crypto site. My name is Viktor and today I will…
Greetings to you on the crypto site. My name is Viktor and today I will…
Greetings to you on the crypto site. My name is Viktor and today I will…
Greetings to you on the crypto site. My name is Viktor and today I will…
Greetings to you on the crypto site. My name is Viktor and today I will…
Greetings to you on the crypto site. My name is Viktor and today I will…
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