Technical analysis of BTC as of April 19, 2025
Bitcoin remains strong above $85,000, with a clear bullish signal on the chart. The 50 and 200-day moving averages confirm the trend, and the MACD shows a positive crossover.
Key resistance: $87,000
Support: $84,500
Short-term targets:
TP1: $85,800
TP2: $87,000
TP3: $88,500
If it breaks $87K, we could see a new bullish momentum.
