📊 #BTC Trading Analysis – April 12, 2025
🔹Price Action:
Bitcoin is currently trading at $83,170, holding steady after a muted session. Price has formed a consolidation range between $81.5K - $84K, hinting at a potential breakout setup.
🔹Technical Indicators:
4H RSI: ~56 → Neutral, but leaning bullish.
MACD: Flatlining near the signal line — momentum is cooling, awaiting catalyst.
Volume: Decreasing → Sign of indecision; watch for a volume spike to confirm direction.
🔹Support & Resistance Levels:
Immediate Support: $81,500
Major Support: $79,800 (200 EMA on daily)
Resistance to Watch: $84,000 → clean break may push BTC toward $86K+
Next Target (Bullish Case): $88,300
Breakdown Risk: Close below $81K opens downside to $78.5K zone
🔹Market Sentiment:
Slightly bullish bias. Institutions appear to be accumulating on dips; meanwhile, retail remains cautious, watching for the breakout trigger.
🔹Trade Idea (Not financial advice):
Long above $84K breakout with tight SL below $82.5K.
Short scalp possible on rejection from $84K with target near $81.8K.
📈 Bias: Bullish continuation if macro sentiment remains risk-on and funding rates stay stable.
🧠 Pro Tip: “Don’t trade the breakout—trade the retest with confirmation.”
🚨 DYOR & manage risk wisely. This is not financial advice.
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