Hello, friends! This is your crypto analyst EchoCrypto. Let's analyze the technical picture for the pair #BTC/USDT for the current week and consider possible scenarios for development.
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📊 Current market situation
At the time of writing this analysis, April 19, 2025, the price of Bitcoin is $85,224, showing a slight increase of 0.91% over the last 24 hours.
After reaching an all-time high above $110,000 at the beginning of the year, Bitcoin has corrected and is currently consolidating in the range of $80,000–$90,000.
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🔍 Technical analysis
Key support: $80,000
Nearest resistance: $90,000
Strong resistance: $100,000–$110,000
Indicators (RSI, MACD) are currently in the neutral zone. Trading volumes are stable, indicating accumulation and anticipation of movement.
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📈 Possible scenarios for the next week
🟢 Bullish scenario
A confident establishment above $90,000 with increasing volumes could provide momentum towards $100,000 and a test of $110,000.
A confirmed breakout above the resistance trend line will strengthen the buyers' positions.
🔴 Bearish scenario
A breakdown below $80,000 could trigger stop orders and lead to a decline to $74,500 and below.
In case of declining volumes and overall negativity — a retracement to $70,000 is possible.
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🧠 My thoughts
The market has entered a phase of sideways movement after aggressive growth. It is important to monitor the reaction to the levels of $80K and $90K — these are key decision-making zones.
If we see accumulation around $85K with increasing volumes — it could be a great entry point for a long position with a short stop.
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⚠️ Disclaimer
All information in this review is provided for informational purposes only and does not constitute investment advice. Trading in the cryptocurrency market always involves high risks, and you assume full responsibility for the decisions made.
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Until next time, team!
EchoCrypto — I keep my finger on the pulse.
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