$BTC At 13:46 BRT on April 24, 2025, the price of Bitcoin (BTC) is $93,578.00 USD, reflecting a slight decrease of 0.00027% from the previous close.

Bitcoin has experienced a notable recovery, rising approximately 25% from its April low of around $74,500 . This upward momentum has brought the psychologically significant $100,000 level back into focus, with key resistance anticipated at that point. A decisive close above $100,000 could target $107,000, based on the pattern’s measured move .

Technical indicators suggest a bullish trend:

Bitcoin has broken out of a four-month falling wedge pattern and closed above the 200-day moving average.

• The Relative Strength Index (RSI) is above 50, indicating positive momentum .

However, trading volumes have been weak, reflecting cautious sentiment among investors.

On the downside, support is seen around $85,000, coinciding with recent breakout levels, while a deeper pullback could bring prices to $76,000, an area of potential investor accumulation aligned with longer-term trendlines .

If you’d like, I can provide real-time charts or set up alerts for key price levels. Let me know how you’d like to proceed.