Bitcoin (BTC) Market Update
April 18, 2025 (Midday Session)
Bitcoin is currently trading around $63,780.
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Key Levels to Watch:
If BTC drops below $63,500, the market could see further downside towards the $62,400 support zone.
If BTC stays above $64,000, bulls may attempt to regain control and target the $65,300 resistance area.
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Market Sentiment:
The market remains mixed today, as buyers are attempting to defend the $63,500 level while sellers are pressuring below $64K. Expect sharp moves if a breakout or breakdown confirms.
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My View:
Bitcoin is currently consolidating between $63,500 - $64,000. A confirmed breakout will set the next direction. Until then, the market is in "wait and watch" mode.
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