#BTC
Brief Technical Analysis for Bitcoin (BTC) – Dated April 11, 2025
Current Price: Approximately $80,554
General Trend: Bullish in the medium term, with some short-term corrections.
Nearby Supports:
$78,600
$76,000
Upcoming Resistances:
$82,200
$85,000
Technical Indicators:
Moving averages indicate ongoing positive momentum.
Relative Strength Index (RSI) is in neutral territory, indicating a balance between buying and selling forces.
Recommendation:
Monitor the support level at $78,600; a break below may signal a deeper correction.
A breakout above $82,200 could open the way to reach $85,000.