Bitcoin (BTC) Market Update for April 29, 2025
Current Situation:
Price Today: $93,989 ๐ช
24-Hour Change: Slight decrease of -0.35% ๐
Today's Range:
Lowest Price: $92,953 ๐ฅ
Highest Price: $95,533 ๐ฉ
Market Outlook for Tomorrow ๐ โจ
Analyst Mood: Cautiously optimistic. โก๏ธ
Key Support Level: Around $92,500 (important to stay above!) โก๏ธ
Key Resistance Level: Close to $95,500 (needs a breakout for more upside!) ๐
What to Watch:
๐ If Bitcoin breaks above $95,500, it could aim for the $97,000-$98,000 range next!
๐ But if it drops under $92,500, we might see a dip toward $91,000 support.
Sentiment:
Traders are mixed today: some are preparing for a breakout, others are staying cautious due to recent volatility. โ๏ธ
Macro news (like interest rates and inflation data) could also impact Bitcoin tomorrow. ๐๐#BTC $BTC