#AirdropFinderGuide

📈 Bitcoin (BTC) Technical Analysis – April 28, 2025

Price: ~$63,500

Trend: Neutral to Slightly Bullish

1. Chart Pattern

Daily Chart shows Bitcoin trading inside a symmetrical triangle, suggesting consolidation.

A breakout above $65,000 could trigger a strong rally toward $70,000+.

A breakdown below $61,000 would risk retesting the $58,500 support zone.

2. Key Support and Resistance

Resistance: $65,000 → $68,500 → $71,200

Support: $61,000 → $58,500 → $55,000

3. Indicators

RSI (Relative Strength Index): Around 54 (neutral, slightly bullish bias).

MACD: Bullish crossover occurred last week, momentum slowly building.

50-Day Moving Average: Price is above the 50DMA (~$60,800), a positive sign.

200-Day Moving Average: Strong long-term support around $52,000.

4. Volume

Volume has declined slightly during the recent consolidation phase, which is typical before a larger move.

📊 Summary

BTC is in a "wait-and-see" zone.

A break above $65K could lead to a bullish continuation toward $70K or higher.

Failure to hold $61K could result in deeper pullbacks.

Traders are watching for a breakout confirmation with higher volume.