🚨 Bitcoin ($BTC /USDT) Update – April 25, 2025 🚨
Bitcoin is trading at $93,660, up +1.64% in the last 24 hours. The current intraday high is $94,184, and the low is $91,810. This indicates a healthy upward momentum, with a daily range of approximately $2,374.
📊 Key Levels to Watch:
Support: $91,000 – $92,000
Resistance: $94,000 – $95,000
💡 Potential Trade Setup:
Entry Zone: $93,000 – $93,500
Stop Loss: $91,500
Target 1: $94,500
Target 2: $95,500
Target 3: $97,000+StatMuse
📈 Short-Term Outlook:
Bitcoin has shown resilience, recovering from recent dips and maintaining a strong position above $90,000. If it breaks through the $94,000 resistance, we could see a retest of the all-time high near $109,000.
📉 Long-Term Perspective:
Long-term holders have seen significant gains as Bitcoin's price has increased from around $74,450 to over $94,900 in April, marking a $26 billion increase in realized market cap. This suggests strong investor confidence and potential for sustained growth. TradingView
📊 Market Sentiment:
The broader market is showing positive signs, with Bitcoin leading the way. Improving investor sentiment and favorable macroeconomic factors contribute to the bullish outlook.
📲 Trade Responsibly:
Always conduct thorough research and consider your risk tolerance before making investment decisions. Stay updated with market trends and adjust your strategies accordingly.
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