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Bitcoin (BTC) Price Analysis – April 2, 2025
Current Market Overview
BTC/USDT Price: $87,149.19 (+2.30%)
24h High: $87,333.00
24h Low: $83,904.72
24h Volume: 25,112.57 BTC (~$2.15B USDT)
Bitcoin has been in a strong uptrend, breaking above key resistance levels. The price has recently hit a new high of $87,333, signaling bullish momentum in the market.
Technical Indicators & Moving Averages
EMA (7): $86,824.15 (Short-term bullish support)
EMA (25): $85,931.89 (Medium-term trend strength)
EMA (99): $84,986.21 (Long-term trend direction)
The BTC price is currently trading above all major EMAs, indicating a strong bullish trend. If Bitcoin holds above the $86,800 level, further upside movement towards $88,000-$90,000 is possible.
Momentum & Market Sentiment
Today’s Performance: +2.41% (Bullish)
7 Days: -0.77% (Minor correction)
30 Days: -6.10% (Medium-term retracement)
180 Days: +43.61% (Long-term bullish trend)
1 Year: +26.44% (Overall positive growth)
Order Book Analysis
Buy Orders: 67.59%
Sell Orders: 32.41%
Buyers are dominating the market, showing a strong demand for BTC at current levels.
Key Support & Resistance Levels
Support: $86,135 | $85,460 | $84,784
Resistance: $87,486 | $88,000 | $90,000
Conclusion & Market Outlook
Bitcoin is showing strong bullish momentum, supported by high trading volume and positive sentiment. If BTC maintains its position above $86,800, we could see a push towards $88,000 in the short term. However, a rejection from current levels may lead to a retest of support at $85,460.
Traders should monitor key resistance levels and volume for confirmation of a breakout or potential retracement.
$BTC
Current Market Overview
BTC/USDT Price: $87,149.19 (+2.30%)
24h High: $87,333.00
24h Low: $83,904.72
24h Volume: 25,112.57 BTC (~$2.15B USDT)
Bitcoin has been in a strong uptrend, breaking above key resistance levels. The price has recently hit a new high of $87,333, signaling bullish momentum in the market.
Technical Indicators & Moving Averages
EMA (7): $86,824.15 (Short-term bullish support)
EMA (25): $85,931.89 (Medium-term trend strength)
EMA (99): $84,986.21 (Long-term trend direction)
The BTC price is currently trading above all major EMAs, indicating a strong bullish trend. If Bitcoin holds above the $86,800 level, further upside movement towards $88,000-$90,000 is possible.
Momentum & Market Sentiment
Today’s Performance: +2.41% (Bullish)
7 Days: -0.77% (Minor correction)
30 Days: -6.10% (Medium-term retracement)
180 Days: +43.61% (Long-term bullish trend)
1 Year: +26.44% (Overall positive growth)
Order Book Analysis
Buy Orders: 67.59%
Sell Orders: 32.41%
Buyers are dominating the market, showing a strong demand for BTC at current levels.
Key Support & Resistance Levels
Support: $86,135 | $85,460 | $84,784
Resistance: $87,486 | $88,000 | $90,000
Conclusion & Market Outlook
Bitcoin is showing strong bullish momentum, supported by high trading volume and positive sentiment. If BTC maintains its position above $86,800, we could see a push towards $88,000 in the short term. However, a rejection from current levels may lead to a retest of support at $85,460.
Traders should monitor key resistance levels and volume for confirmation of a breakout or potential retracement.
$BTC
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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