$BTC As of April 27, 2025, Bitcoin (BTC) is trading at approximately $94,068, exhibiting a slight decline of 0.19% for the day.

📉 Bitcoin Short Trade Setup – Targeting $90,000 & $87,000

Bitcoin is currently hovering near a significant resistance zone between $94,500 and $95,500. This area has previously acted as a ceiling, and the price is showing signs of a potential pullback.

Trade Setup:

Entry Zone: $94,000 – $95,500

Take Profit 1 (TP1): $90,000

Take Profit 2 (TP2): $87,000

Stop-Loss: Above $96,000

If Bitcoin fails to break above the resistance zone, a short position targeting the support levels could be favorable. Monitor for confirmation of a reversal before entering.

📈 Bitcoin Long Trade Setup – Targeting $97,000 & $100,000

Bitcoin has shown strong bullish momentum, recently bouncing from a low of $92,484 to its current levels. A breakout above the $95,500 resistance could signal further upside potential. (BTC Price Stabilizes Above $92K in April 2025).

Trade Setup:

Entry Zone: On a confirmed breakout above $95,500

Take Profit 1 (TP1): $97,000

Take Profit 2 (TP2): $100,000

Stop-Loss: Below $92,000

If Bitcoin breaks and holds above the resistance zone with increased volume, a long position targeting higher resistance levels could be favorable. Ensure to confirm the breakout before entering and manage risk appropriately.

🔄 Bouncing Points – The Exciting Zones

Support Levels:

$92,484: Recent support level where Bitcoin found footing before its current move.

$90,000: A psychological level and previous resistance turned support.

$87,000: A deeper support zone that has historically attracted buying interest.

Resistance Levels:

$95,500: Immediate resistance that Bitcoin needs to overcome for further gains.

$97,000: Next resistance level following a breakout above $95,500.

Buy and Trade here: $BTC