Current Price Situation
Current Price: ~$84,622
Daily Fluctuation Range: $83,427 – $85,675
24-Hour Increase: About 1.3%
Bitcoin continues to fluctuate within a narrow range from $83,000 to $85,000, reflecting relative stability despite fluctuations from new tax policies in the U.S.
Technical Analysis
Strong Support: $73,000
If Support is Broken: May drop to $62,500
Potential Resistance: $133,000 if it surpasses the current accumulation zone
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According to John Glover, CIO of Ledn, investors are actively buying at prices above $73,000, with expectations of attractive profits if the price surpasses the current accumulation zone.
Short-Term Forecast
Forecast from CoinCodex: Price may slightly drop to around $114,882 by the end of April.
Analysis from BeInCrypto: Bitcoin may rise to the $90,000–$95,000 range in April if selling pressure decreases and demand increases.
Market Sentiment
Although the U.S. stock market is rising after the announcement of tax exemptions for phones and computers, the cryptocurrency market is reacting quite cautiously. Current investor sentiment shows "news fatigue" as they await clearer signals from policy and the market.
