BITCOIN (COIN:BTCUSD), dripping down like poison.

#FTSE #DOW  The President Trump initiative of imposing import tariffs, generally in retaliation for tariffs imposed against American products, seems to be provoking some amusing side effects. Apparently, Tariffs will cause crypto currency to soar, if we believe some analysts. Equally, other analysts predict crypto shall collapse, due to the Tariff wars… Similar nonsense was broadcast over the price of Gold, a commodity which is currently trading very slightly higher than we can calculate! Conventional logic suggests Gold should experience some collywobbles at current levels but, if the market is emphatic in assigning an ambition against Gold prices, goodness knows how high it could go.

It is certainly the case Bitcoin isn’t exactly showing many great ambitions at present. While it was spiked to 85,271 dollars, this was enacted thanks to a manipulation gap at the open of trade. Visually, this surge is something we feel cannot be trusted, due to the obvious Blue downtrend since the start of this year. Despite the opportunity, the market failed to push the value of Bitcoin above the downtrend and this makes us cautious for the future. It was certainly an easy and straightforward goal to better but, with an impressive degree of control, the market has avoided piercing the Blue downtrend.

In a loss scenario where the market is now currently messing around, below 84,500 looks like it has the potential of dribbling downhill as movement to an initial 79,339 looks possible with our secondary, if broken, at an eventual bottom and rebound (maybe) at 76,045 dollars.

However, Bitcoin does not require a great deal of work to display the potential for surprise recovery. Above just 86,000 theoretically should trigger recovery to an initial 87,750 with our secondary, if bettered, at 90,000 dollars, kicking open the door for some further impressive gains.

For now, we are far from confident Bitcoin shall exhibit recovery.

 

FUTURES


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
11:08:10PM BRENT 7439.1
11:10:30PM GOLD 3112.61 Success
11:17:15PM FTSE 8609.7 8575 8544 8501 8618 8645 8662 8706 8610 ‘cess
11:20:16PM STOX50 5309.8 ‘cess
11:24:18PM GERMANY 22529 ‘cess
11:27:25PM US500 5642.3
11:37:57PM DOW 42053.7 41507 41386 41132 41806 42155 42246 42490 41920 Shambles
11:40:37PM NASDAQ 19485.5 ‘cess
11:44:06PM JAPAN 35819 ‘cess

 

1/04/2025 FTSE Closed at 8634 points. Change of 0.61%. Total value traded through LSE was: £ 5,337,298,132 a change of -21.51%
31/03/2025 FTSE Closed at 8582 points. Change of -0.88%. Total value traded through LSE was: £ 6,799,696,301 a change of 28.06%
28/03/2025 FTSE Closed at 8658 points. Change of -0.09%. Total value traded through LSE was: £ 5,309,813,922 a change of 6.75%
27/03/2025 FTSE Closed at 8666 points. Change of -0.26%. Total value traded through LSE was: £ 4,974,129,293 a change of -6.31%
26/03/2025 FTSE Closed at 8689 points. Change of 0.3%. Total value traded through LSE was: £ 5,309,245,116 a change of -37.66%
25/03/2025 FTSE Closed at 8663 points. Change of 0.29%. Total value traded through LSE was: £ 8,516,934,652 a change of 81.47%
24/03/2025 FTSE Closed at 8638 points. Change of -0.09%. Total value traded through LSE was: £ 4,693,303,680 a change of -72.9%

SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.

Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…


Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

Click Epic to jump to share: LSE:BT.A British Telecom** **LSE:EMG MAN** **LSE:GRG Greggs** **LSE:RKH Rockhopper** **LSE:SBRY Sainsbury** **

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Updated charts published on : British Telecom, MAN, Greggs, Rockhopper, Sainsbury,


LSE:BT.A British Telecom. Close Mid-Price: 167.1 Percentage Change: + 0.75% Day High: 168.25 Day Low: 166.2

Target met. Continued trades against BT.A with a mid-price ABOVE 168.25 s ……..

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LSE:EMG MAN Close Mid-Price: 194.8 Percentage Change: -1.67% Day High: 200.2 Day Low: 194.3

Target met. Weakness on MAN below 194.3 will invariably lead to 186p with ……..

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LSE:GRG Greggs. Close Mid-Price: 1780 Percentage Change: + 2.42% Day High: 1793 Day Low: 1729

Continued weakness against GRG taking the price below 1729 calculates as ……..

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LSE:RKH Rockhopper. Close Mid-Price: 51.2 Percentage Change: + 5.35% Day High: 51.4 Day Low: 48

Target met. In the event of Rockhopper enjoying further trades beyond 51. ……..

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View Previous Rockhopper & Big Picture ***


LSE:SBRY Sainsbury Close Mid-Price: 230.6 Percentage Change: -1.96% Day High: 235.8 Day Low: 226

Target met. Weakness on Sainsbury below 226 will invariably lead to 221p ……..

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*** End of “Updated Today” comments on shares

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