According to CrypNuevo on Twitter, Bitcoin ($BTC) experienced a strong trading day with the price reaching $97,000. CrypNuevo reported entering at $93,000 based on the 4-hour 50 EMA support and began taking profits at $97,000 after the support held. This demonstrates that monitoring the 4h50EMA can provide actionable buy signals for traders seeking short-term momentum plays. Profit-taking at key resistance levels after confirmation of support is highlighted as an effective strategy. Source: @CrypNuevo (May 1, 2025).

According to CrypNuevo on Twitter, Bitcoin's current momentum remains strong, with no immediate signs of reversal. The analysis highlights a potential third leg up to the $97,000 level, where increased liquidity may trigger significant trading activity. Traders are advised to monitor the 4-hour 50 EMA, as a pullback to this technical level could provide a key support area for long entries. This strategy is supported by recent liquidity mapping and momentum studies shared by CrypNuevo (source: CrypNuevo, Twitter, April 27, 2025).