BTCPriceTarget

Bitcoin (BTC) is capturing attention with a short-term price target of $90,000, yet analysts caution that the journey upward may involve a temporary dip. As of April 20, 2025, BTC experienced a 1.5% drop to $83,974 before rebounding, indicating market volatility.​
Market Insights
Support Level Concerns: Analyst Mark Cullen expressed skepticism about the $83,000 support level, suggesting it might not hold and could be tested before any upward movement.​Trading Range Expectations: Cullen anticipates BTC trading between $83,000 and $86,000 during the Easter weekend, with potential liquidity movements influencing this range.​Potential for Larger Moves: Trader Daan Crypto Trades noted that the compressed charts could lead to significant price movements next week, especially if triggered by major news events.​
Technical Perspectives
Inverse Head and Shoulders Pattern: Trader Roman is observing a possible bullish reversal pattern, indicating a potential return to multimonth lows before a surge.​Downtrend Breakout: Analyst Rekt Capital highlighted that Bitcoin has broken out of a multimonth downtrend and maintained above it for several consecutive days, signaling a positive trend shift.​
Strategic Takeaways
Short-Term Volatility: Traders should be prepared for potential dips before any significant upward movement toward the $90,000 target.​Monitoring Key Levels: Keeping an eye on support and resistance levels, as well as market reactions to news events, will be crucial in navigating the current BTC landscape.​

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📢Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your research before making investment decision.

$BTC
Bitcoin’s bullish cycle is nearing its peak, with the major Elliott Wave impulse almost fully developed. The key factor for long-term investors is the 2017–2021 trendline, which has served as a crucial guide for Bitcoin's price trajectory. When Bitcoin touches this trendline again, it’s likely a strong signal to take profits and exit the market. To stay prepared, set an alert on TradingView to ensure you don’t miss this critical resistance point.

Resistance Levels to Watch🎉
The trendline isn’t the only hurdle to keep an eye on. The Fibonacci extension (1.618 FIB) aligns closely with this level, acting as a static resistance point at $122,069 USDT. While some may speculate about Bitcoin soaring to $200k or $300k in 2025, this is highly unlikely given Bitcoin’s current market cap. The combination of the dynamic trendline and the fixed Fibonacci level forms a strong barrier, making this zone the ideal point to sell and lock in profits.

Post-Bull Market Strategy🔥
Once Bitcoin hits its peak, prepare for the inevitable correction that follows. Historical patterns suggest a bear market will likely dominate from 2025 to 2026. According to Elliott Wave theory, Wave (4) serves as a robust support zone, typically targeted by whales for accumulation. This suggests Bitcoin’s price could find stability around $50k–$65k, providing an excellent entry point for the next cycle.

🎯Final Thoughts🎯
Navigating the crypto market requires timing and discipline. Selling Bitcoin near the $122k level and waiting for the correction to buy back at lower prices could maximize your gains. Remember, this is a long-term perspective and not a short-term trade setup. For altcoin-specific analysis, drop a comment with your favorite token, and don’t forget to like and follow for more expert insights. Trading can be straightforward with the right strategy and guidance!

Disclaimer: This is not financial advice. Always conduct your research and invest responsibly.

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