$BTC Analysis of the BTC 4H Chart – April 24, 2025

Bitcoin is currently trading at $92,827, showing a decrease of -1.40% over the last 4 hours after reaching a peak of $94,696. Here are some key points from the 4H period:

1. Trend & Moving Averages:

BTC is still trading above the MA 99 ($84,883) and the MA 25 ($90,051), indicating an overall bullish momentum.

However, it is now below the MA 7 ($92,958), suggesting short-term weakness or potential consolidation.

2. RSI (Relative Strength Index):

The RSI is at 58.61, signaling a neutral zone. There is room for an increase if buyers regain momentum, but also a risk of downward movement if support fails.