April 11, 2025 $BTC Market Analysis
Good news - Bitcoin weekly outlook is bullish; Bad news - The tariff issue is only paused, not over!
After Bitcoin fell below 78900 last night, it has now recovered. Currently, there is a weekly level divergence between volume and price (i.e., lower prices with stable trading volume followed by a volume increase at the bottom). Although this is a very clear bullish signal, everyone knows the recent market situation, which can be described as a one-man show by Trump. Technical analysis has some effect, but the fundamental impact driven by Trump regarding tariffs is clearly more substantial. Therefore, friends who are shorting in the short term should exercise caution!
Support and Resistance Levels
Support Level: 79000 (strong support) 76500, 71700
Resistance Level: 85500 (strong resistance) 88000
Trading Suggestions: Personally, I would take a small long position near 78000 and a small short near 85000. The reason is simple: technically, the outlook is bullish, but as mentioned earlier, the tariff issue is not resolved. The tariffs will likely press down on the financial reports of U.S. stocks next quarter, and Bitcoin is still heavily influenced by U.S. stocks, so the rebound strength is limited.
Gold is currently at a new high. When the market condition reverses and the economy improves to a certain extent, various markets will begin to recover, and I believe gold will also trap a lot of people at the top.
The current market is indeed difficult to trade. One can only make money by following the trend in this market. Always respect the market!
(For spot trading, just hold on; buy some Bitcoin at low levels for surprises in the second half of the year!)
FARTCOIN/XCN/JASMY/CRV
