$BTC

BTC/USDT Technical Breakdown – April 2025

Bitcoin (BTC) is showing promising signs of recovery and strength in the monthly chart on Binance. Currently trading at $88,191.98, BTC has gained +1.02% in the last 24 hours, bouncing back after testing the support around the $86,389 level.

Key Technical Insights:

Moving Averages:

MA(9): $82,233.23 – BTC is trading well above this line, suggesting bullish sentiment remains.

ALMA(9): $89,792.54 – Resistance zone to watch for breakout momentum.

Volume & Volatility:

24h BTC volume: 28,321.09 BTC

24h USDT volume: $2.48B – Reflects strong liquidity in the market.

Indicators:

RSI (14) at 63.89 – Suggests BTC is in bullish but not overbought territory.

Balance of Power: 0.39 – Buyers are showing strength in the current setup.

AD (Accumulation/Distribution): 1.50 – Indicates steady accumulation over time.

Recent Performance:

7 Days: +3.92%

30 Days: +4.69%

90 Days: -16.94% (recent correction phase)

180 Days: +34.19%

1 Year: +36.05%

Conclusion: BTC is currently in a healthy consolidation zone, setting up for a potential retest of the $89,800–$90,000 resistance range. With strong volume, stable RSI, and bullish momentum indicators, traders should keep an eye on a breakout or possible pullback to $82,000 as a buy zone.

This could be a great opportunity for short-term scalpers and long-term holders to watch for entry confirmations.

Do your own research. This is not financial advice.

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