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.