🧠 Bitcoin Stabilizes Around $81K – Is It the Calm Before the Next Move?

📆 Date: April 6, 2025

🕒 Timeframe: 1D (Daily Chart)

🔍 Source: TradingView | BTC/USD (Binance)

📉 Bitcoin is currently consolidating just above the $81,000 mark, showing signs of sideways action after a period of volatility. Price action remains choppy, and traders are waiting for a clear directional breakout.

🔹 MACD Analysis:

The MACD line is below the signal line, and histogram bars are flatlining near zero. This suggests a lack of strong momentum in either direction. We’re currently in a neutral zone, waiting for either bulls or bears to take charge.

🔹 RSI (Relative Strength Index):

The RSI sits around 44, reflecting a weak but stable market, neither overbought nor oversold. This could allow room for a bounce, but a breakdown below support could intensify bearish pressure.

🔹 Key Resistance: $94,000

🔹 Key Support: $80,000 – a psychological and structural level

📌 Key Insights:

Price has been unable to reclaim the $90K+ zone, which could keep bullish momentum capped for now.

However, no major breakdown yet, which means the consolidation phase might be a setup for the next big move — especially with dominance rising (as seen in BTC.D).

⚠️ Watch Closely:

If BTC holds above $80K with rising dominance, we could see Bitcoin lead the next leg up while altcoins lag behind. But if support breaks, $75K–$76K could be the next demand zone to watch.

🧠 “When Bitcoin pauses, the market holds its breath.”

📊 Stay tuned. Stay smart. Stay with CryptoPulsee.

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