$BTC As of April 15, 2025, Bitcoin (BTC) is trading at approximately $85,009, showing a 0.91% increase from the previous close.

Technical Overview:

Support Levels: $83,000, $80,000

Resistance Levels: $85,000, $87,000

MACD: Bullish crossover confirmed

RSI (14): 59.11 – Neutral to bullish

Moving Averages: 11 out of 12 indicators suggest a "Buy" signal

Bitcoin's recent price action indicates a potential bullish trend. However, the market remains cautious due to weak ETF inflows and bearish momentum, suggesting a possible drop toward $80,000 in the near term.

Market Sentiment:

The rebound in Bitcoin's price coincides with a recovery in the stock market, following tariff relief hopes. However, weak ETF inflows and bearish momentum suggest a potential drop toward $80,000 in the near term.

Short-Term Outlook:

Bullish Scenario: If Bitcoin breaks above the $85,000 resistance level, it could target the $87,000 level.

Bearish Scenario: A drop below $83,000 may lead to further declines toward $80,000.