📊 Technical Analysis of Bitcoin – April 28, 2025
🔎 Current situation:
The price of Bitcoin is facing a significant resistance zone located between $94,000 and $96,000 USD. This area coincides with:
Previous horizontal resistance (confluence of prior highs).
Medium-term downtrend (descending white line connecting the decreasing highs).
Currently, BTC has shown bullish strength in recent weeks, but is struggling to break through this confluence of resistances.
📈 Recommendations:
🔵 For conservative investors:
Wait for confirmation. Only after a clear break above $96,000, with increasing volume, could we consider that the market shifts to a solid bullish bias.
🔵 For short-term traders:
Beware of false breakouts. We are in a zone where there tends to be a lot of volatility. Manage your risk appropriately.
Support areas: In case of rejection, the levels to watch are $90,000 - $88,000 USD.
🧠 Reflection:
Bitcoin is at a decisive moment. Overcoming this resistance could open the door to stronger upward movements. But a rejection could initiate a new phase of consolidation or retracement.
The key now is patience and risk management.
Do you think Bitcoin will break this resistance this week? 🔥
Leave your analysis in the comments! 👇
