Bitcoin ($BTC $USDC ) attempts to breach key resistance Analysis 22-04-2025
Bitcoin (BTCUSD) price declined slightly in its recent intraday trading, due to the stability of the stubborn key resistance at $88,300, which makes the price gain positive momentum that might help it to breach this resistance, this decline caused by surpassing the clear overbought conditions on the (RSI), besides the negative signals of them.
The bullish trend is the dominant on the short-term basis, supported by its trading alongside a bearish trend line, and its continuation to trade above its EMA50, which increases the positive momentum.
