📢 #Bitcoin Update: $BTC is holding strong at ~$84,421.99 as of April 20, 2025! 🚀🔍 Market Snapshot:Bullish Signals: The 50-day and 200-day moving averages on the weekly chart are trending up, with the 200-day MA acting as potential support below the current price. RSI remains neutral (53.94), suggesting room for movement. Recent Moves: After hitting $100K in Dec 2024, BTC has stabilized near $83K-$85K, with spot buying visible on Binance. Our reserves grew by 22,106 BTC recently, reflecting confidence amid macro uncertainty.Key Levels: Watch $85K resistance—breaking it could spark short liquidations worth $637M. Support near $84.5K is holding firm.🌟 Why It Matters: With institutional inflows into BTC ETFs and optimism for clearer U.S. regulations under the Trump administration, 2025 could see new highs. Historically, post-halving cycles (like April 2024) drive momentum. Stay sharp, traders! 💬 What’s your take on $BTC’s next move? Share below and trade smarter on Binance!
