Technical Analysis

From August 2023 to April 2025, BTC exhibited substantial volatility. After a period of consolidation and correction, the asset rebounded strongly, reflecting bullish momentum and broader crypto market optimism.

riday’s session saw unexpected and aggressive short covering, particularly in Bank Nifty, which rallied 5.25%, dragging Nifty 50 up by 1.7%.

 Implication: Apple remains structurally bullish on the weekly timeframe, as long as this rising channel and 200-week MA are not violated.

These repeated deep corrections (85–90%), followed by multi-bagger rebounds (1800–2500%), highlight a pattern of long-term cyclical behavior in the stock.

The broader technical picture remains bearish as long as TSLA trades below the $280s, specifically the $285.54–$289.66 resistance band.