$BTC

BTC/USDT Technical Analysis

Date: 28 April 2025

Price Action: BTC is currently trading near $95,300after a minor pullback from today's high around $95,400

Trend: Overall bullish momentum is intact on the 4H timeframe, but price is consolidating after a sharp rally.

Support Levels:

Immediate support: $93,800

Strong support: $92,500

Resistance Levels:

Immediate resistance: $95,500

Indicators:

RSI (4H): 61 — Neutral to slightly bullish.

MACD (4H): Bullish crossover active, but momentum weakening.

EMA 50 (4H): Price holding above EMA50, bullish structure remains.

Summary:

BTC is currently ranging between $95,000 and $95,300

A breakout above $96,000 could open a move towards $97,500+.

Breakdown below $93,800 might bring a test of $62,500 support.

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