Javad🎩
@javad72
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Bitcoin (BTC) Technical Analysis – April 2025
1. Overall Market Situation
Bitcoin has broken past the $80,000 resistance and reached $84,000, indicating a continued uptrend. However, a short-term correction is also possible.
2. Key Price Levels
Support Levels:
$80,000: A significant psychological and technical support.
$76,500 – $78,000: A potential support zone in case of a pullback.
Resistance Levels:
$85,500 – $87,000: A strong resistance; breaking it could push the price toward $90,000.
$92,000 – $95,000: A potential target for the next bullish wave.
3. Indicator Analysis
RSI (Relative Strength Index): Around 72-75, indicating overbought conditions and a possible correction.
MACD: Still showing a bullish signal, but momentum is slightly weakening.
Moving Averages (MA):
MA50 is around $78,000, acting as a dynamic support.
MA200 is near $68,000, confirming a long-term uptrend. 0 reply
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