📊 Bitcoin (BTC/USDT) — Technical Analysis
Date: April 11, 2025
Current Price: $82,256.61
24h Change: +0.35%
24h High/Low: $82,466 / $78,466
Volume: 11.66K BTC | $941.8M USDT — Healthy liquidity
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Market Outlook:
BTC recently bounced from a key support level at $74,508, showing signs of short-term recovery. Today’s strong green candle reflects growing buyer confidence with minimal rejection.
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Moving Averages:
MA(7): $80,276 — BTC trading above = bullish short-term ✅
MA(25): $83,422 — Resistance zone ⛔
MA(99): $92,043 — Trend still bearish long-term⛔
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Trend Summary:
BTC remains in a macro downtrend since peaking near $109K, forming lower highs and lower lows. Current move looks like a relief rally, unless price breaks $85K–$87K structural resistance.
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Volume Insight:
- Buying volume increasing on green candles → Bullish confidence rising
- Still below March sell spikes— stay cautious
- Accumulation likely occurred near $74K based on volume patterns
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Momentum Check (Implied):
- MACD: Near bullish crossover
- RSI: Recovering from oversold
- Momentum:Gaining as BTC holds above MA(7)
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Trading Strategy:
If Holding BTC:
- Hold while price stays above $80K
- Watch $83.4Kfor medium-term shift
If Looking to Enter:
- Safer entry on **breakout above $84K with strong volume
- Or consider buying the retest of $80K as support
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Final Note:BTC is showing signs of strength, but key resistance levels still lie ahead. Patience and volume confirmation are crucial.
This is not Financial Advice . Always Do Your Own Research