#BTC 🔥🔥🔥
Bitcoin (BTC)
$91,193.00
+$3,956.00
(+4.53%)
April 22, 2025, Bitcoin (BTC) is trading at approximately $91,193, marking a significant rebound from earlier lows of around $83,800 on April 20
Technical Overview:
Trend: BTC has broken above a trend line resistance, indicating a potential bullish reversal .
Resistance Levels: Immediate resistance is at $92,000, followed by $95,000.
Trading Signals:
Long Position:
Entry: Around $91,000
Stop Loss: Below $87,000
Take Profit: Targets at $95,000 and $98,000
Short Position:
Entry: If price fails to break above $92,000
Stop Loss: Above $93,000
Take Profit: Targets at $88,000 and $85,000
Binance
Risk Management:
Given the volatility, it's advisable to use proper risk management strategies, such as not risking more than 1-2% of your capital per trade. $BTC