#BitcoinWithTariffs #PowellRemarks #WCTonBinance #BinanceLaunchpoolINIT #CanadaSOLETFLaunch Bitcoin Daily Outlook | April 17, 2025
Current Price: $84,651
24H Change: +0.72%
Range: $83,536 – $85,312
Bitcoin continues to show strength as it holds above the $84K mark, posting modest gains in the past 24 hours. The bulls seem to maintain control, pushing BTC toward higher resistance levels.
Market Sentiment:
Analysts remain bullish on BTC for 2025. Bitwise projects a potential surge past $200K, with even $500K on the table if macroeconomic conditions align. VanEck and Standard Chartered echo the optimism, citing strong ETF flows and increasing institutional interest.
Short-Term Outlook:
Watch for a breakout above $85.5K to confirm bullish continuation. Support sits around $83.5K. Consolidation here could be healthy before the next leg up.
Strategy:
Scalpers can target tight ranges; swing traders might eye breakouts. Always manage risk — volatility remains high.
#Bitcoin #BTC #CryptoAnalysis #BTCUpdate #BinanceFeed #CryptoTrading
---
Let me know if you want it more casual, more technical, or in Urdu.