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Bitcoin (BTC) Trade Setup - April 2025
Bitcoin is currently consolidating after a strong recovery, hovering around the $84,000-$85,000 range.
My Trade Plan:
• Entry Zone: $84,200 - $84,800
• Confirmation above $84,500 with
strong volume. COINBASE
COINCODEX
• Take Profit Target: $88,000 - $90,000
• Key resistance zone from the last rally.
• Stop-Loss: $82,500
• Below recent higher lows to manage
risk.
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Why I'm Watching BTC:
• The Relative Strength Index (RSI) is within the neutral zone, indicating potential for upward movement.
• On-chain data shows long-term holders are accumulating.
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Will $BTC break $90K this week? Or are we heading for another rejection? Let me know
your thoughts!