Bitcoin Market Analysis on April 18, 2025

Bollinger Bands Indicator: From the one-hour chart, the Bollinger Bands are opening upwards with current indicators at 85226-84146, and the middle band corresponds to an indicator of 84694. The market is currently in a fluctuating upward trend.

MA5 and MA10 have crossed with a death cross moving downward; the MA5 moving average corresponds to an indicator of 84811, and the MA10 corresponds to an indicator of 84887 with the market in sideways fluctuation. The support level below is 83662.

The MACD fast and slow lines have crossed with a death cross moving downward, and bearish volume is gradually increasing, leading to a fluctuating downward trend.

The RSI indicator has crossed with a death cross moving downward corresponding to indicators 55-56, indicating a fluctuating downward trend.

Currently, Bitcoin's lowest point yesterday was 83171, with a resistance level above at 85496, and support at 83171 below. From the candlestick chart, the sideways fluctuation range is between 85400-83000.

Resistance level at 86400.

Support level at 83300.