$BTC Bitcoin (BTC) has shown signs of resilience despite recent market volatility. According to CMC Research, maintaining support above $80,000 could pave the way for a Q2 breakout, potentially triggered by improved macro conditions, continued ETF inflows, or volatility compression.
As of Sunday, April 20, 2025, BTC was trading at $84,868, having experienced rejections at the $86,000 price region.
The market is currently facing triple resistance, including the 200-Day EMA, 200-Day MA, and a diagonal trendline, which are restricting an upward price movement.
Despite the bullish sentiment, a quick return above $100,000 is not expected due to sell-side pressure and weak stablecoin buying power.
