Bitcoin Market Analysis on April 19, 2025

Bollinger Band Indicator: The one-hour chart shows the Bollinger Bands opening parallel to the current corresponding indicators 84682-84362, with the middle band corresponding to the indicator 84522. Currently, the market is fluctuating upward.

MA5 and MA10 crossed with a golden cross upward, with the MA5 moving average corresponding to the indicator 84482 and the MA10 corresponding to the indicator 84513. The market is in a continuous upward phase with support at 84279.

The MACD fast and slow lines crossed with a golden cross upward, and bullish volume is gradually increasing, indicating a fluctuating upward trend.

The RSI indicator crossed with a golden cross upward, corresponding to the indicators 66-50, indicating a continuous upward phase in the market.

The low point of Bitcoin yesterday was at 84431, with a price resistance level at 85458 above, and support at 84354 below. Currently, from the candlestick chart, the market has entered a range consolidation phase.

Resistance level 85000

Support level 84200