$BTC Bitcoin held a price of $94,317 on April 26, 2025, with a market capitalization of $1.87 trillion and a daily trading volume of $21.12 billion. Over the last day, Bitcoin fluctuated in the range of $94,033 to $95,857, indicating a tense balance between bullish momentum and increasing resistance.
Bitcoin's price action on the daily chart highlights the dominant upward trend that emerged from a low of around $74,434. The rally to the $95,000 mark is characterized by expanding trading volume, which is a sign of genuine bullish conviction. Support on the daily timeframe is solidified in the $88,000 to $90,000 region, while immediate resistance is around the intraday high of $95,857. Oscillator readings, such as the Relative Strength Index (RSI) at 68 and the Average Directional Index (ADX) at 25, reflect a neutral position, indicating that the strength of the trend remains intact but is not extreme. The Commodity Channel Index (CCI) at 146 and Stochastic at 92, both signaling negative conditions, suggest that caution is warranted as Bitcoin moves near key resistance levels.
Bull Verdict:
The technical structure of Bitcoin on the daily and 4-hour charts remains confidently bullish, supported by consistent buy signals from all major moving averages and a positive MACD level. If the price stabilizes above $93,500 and breaks through the resistance at $95,800, Bitcoin could continue its rise towards the $97,000-$98,000 zone in the near term.
Bear Verdict:
Despite the overall bullish picture, several oscillators are sending sell signals, and short-term charts show signs of exhaustion and bearish divergence. Failure to hold support at $93,500 could trigger a sharper decline towards the $90,000–$92,000 region, signaling a deeper correction before any potential continuation of the rise.