Masterthemarket
Bitcoin (BTC/USD) Weekly Analysis - W3 April | Master The MarketBitcoin continues to dominate the cryptocurrency market, and its price action provides valuable insights for traders. Here's a detailed breakdown of Bitcoin's performance in Week 3 of April:
Monthly Chart: Long-Term Uptrend
The monthly chart shows that Bitcoin remains in a long-term uptrend. However, last month saw some consolidation, with prices pulling back slightly. This indicates a healthy correction after a prolonged upward movement. Traders should focus on key support and resistance levels to identify potential breakout or reversal zones.
Weekly & Daily Charts: Consolidation Below the Cloud
On the weekly chart, Bitcoin’s price is currently trading below the Kumo cloud but above critical support levels. The daily chart highlights a defined trading range between $74,000 and $93,000 . A breakout above the cloud could signal renewed bullish momentum, while a retest of the $74,000 support level may indicate further consolidation.
Key Levels to Watch
Support: $74,000
Resistance: 93,000Tradersshouldmonitortheselevelsclosely.Asustainedmoveabove93,000 could open the door for higher targets, while a break below $74,000 might lead to deeper corrections.
Trading Strategy
Buy Opportunity: Wait for a pullback to the cloud support or a retest of $74,000 before entering long positions.
Risk Management: Place stop-loss orders below key support levels to protect against downside risks.
Bitcoin remains highly volatile, so patience and discipline are crucial. Keep an eye on macroeconomic factors like interest rate decisions and geopolitical events, as they can significantly impact BTC/USD price movements.
Gold Price Analysis: Key InsightsCurrent Market Situation:
Gold prices have retreated from all-time highs but are now consolidating near the 50-day moving average (MA), a key technical level. This pause in momentum signals a test: will buyers defend this support, or will sellers drive prices lower?
Drivers of Gold’s Performance:
Weaker U.S. Dollar: A softer dollar boosts gold’s appeal for foreign buyers, lifting demand.
Fed Rate Cut Expectations: Markets expect over 100 basis points (1%) of cuts by the end of 2025. Lower rates cut the cost of holding gold and push real yields down, making it more attractive.
Trade Tensions: Rising U.S.-China-EU friction fuels uncertainty, driving investors to gold as a safe haven. Geopolitical and economic risks continue to support prices.
Year-to-Date Gain: Gold’s up nearly 15% in 2025, fueled by these factors.
Technical Levels to Watch:
Upside Scenario: A break above $3,062.20 could spark bullish momentum, targeting the record high of $3,167.84.
Downside Risk: A drop below $3,000 may lead to a deeper pullback, possibly testing the 200-day MA or $2,900, shifting sentiment bearish.
The 50-day MA remains a pivotal level.
Upcoming Catalyst:
Traders are eyeing the Fed’s latest meeting minutes for hints on rate cuts and economic outlook—key drivers for gold’s next move.
Broader Context:
Rate Cuts & Real Yields: Lower Fed rates shrink Treasury yields. Persistent inflation cuts real yields further, favoring gold over bonds or cash.
Trade Tensions: U.S. tariffs or sanctions on China and the EU threaten global trade stability, boosting gold as a hedge.
Market Sentiment: Gold’s fate hinges on technicals and macro triggers like Fed signals or geopolitical events.
What to Watch:
Fed Minutes: Dovish tones or growth concerns could lift gold.
Dollar Strength: A falling DXY supports gold’s rally.
Price Action: Watch $3,062.20 for a breakout or $3,000 for a breakdown. Volume and RSI can confirm trends.
Summary:
Gold’s path is shaped by a weak dollar, rate cut bets, and trade unrest. It’s teetering between a breakout and a breakdown, with the Fed holding the key.
Today gold has gently returned after a dramaticAfter a dramatic and volatile first session of the week, today gold has gently returned. Such are the properties of this metal. Many people had to sell their homes because of it. However, if you control risks well, it will not affect anything. In my personal opinion, this week it will be adjusted to 1960.
GPBUSD Short Heavily On Higher ChartWe have thoroughly analyzed the pair since Monday of this week on our website and video channel.
Overall on the weekly and daily frames is in a downtrend.
On D1 gave cloud test signal.
On H4, the selling force is still dominating.
If the support above H4 is broken, the futures of the pair will continue to fall.
Is GBPUSD low at 1.2616 going to hold and become a W bottom(2)This is in reference to our previous idea of us entering on the 4H timeframe bottom confirmation towards a daily bottom and then a weekly bottom to confirm. It was entered based on price and volume spread analysis rationale. Let us check and see if the bottom confirms today according to the smart money framework. So far, the daily is going in our favour.:)
Refn Images as below.
GBPUSD up to sell down on the big time frameI spent 2 hours and 30 minutes studying the charts and summarizing it for you.
Please note that this is a plan and market entry conditions will vary from time to time.
You need to consider the momentum of the candle as well.
GBPUSD is still moving in the range of H4 but the general trend on major charts like Daily and Weekly shows that the pair is still in a downtrend.