As of April 17, 2025, the price of Bitcoin (BTC) is approximately $84,856, an increase of about 0.86% from the previous day. Earlier this week, it reached a low of $74,508 for the year, but has since rebounded to the current level, showing a certain degree of market resilience.
Weekend Market Forecast
Several analysis institutions have predicted the Bitcoin price for this weekend as follows:
Traders Union: The price is expected to fluctuate between $83,778.78 and $89,634.45.
Binance: The price is predicted to possibly reach $84,871.14.
CoinCheckup: The expected price is $85,148.32.
MisterCrypto7 (Binance Square): The price is predicted to potentially rise to $85,554.63.
Overall, the market holds a cautiously optimistic attitude towards the Bitcoin price for this weekend, with a predicted range roughly between $83,800 and $89,600. From a technical perspective, the current resistance level is around $87,000, and the support level is near $81,000.
Investment Advice
Short-term Traders: Focus on the range fluctuations between $81,000 and $85,500, considering buying near the support level and selling near the resistance level.
Long-term Investors: Given that the current price is close to a high, it is advisable to wait for a pullback to a more favorable entry point.
Please note that the cryptocurrency market is highly volatile, and the above predictions are for reference only; investing requires caution.