#TariffsPause
Bitcoin Analysis Today – April 26, 2025
Current price: approximately $94,078, down 0.55% over the last 24 hours.
Technical Analysis:
General Trend: Continues to rise. Resistance at $92,500 has turned into strong support.
Technical Indicators:
Moving Averages: Strong buy signals.
Relative Strength Index (RSI): Shows positive momentum.
MACD Indicator: Supports bullish expectations.
Forecast: Potential to rise to $90,000 – $92,000, with higher targets possibly reaching $117,000 in the medium term.
Summary of Recommendations:
TradingView: Recommendation of "Strong Buy."
Investing.com: Recommendation of "Strong Buy" as well.
Conclusion: Bitcoin continues to show strong performance while maintaining support at $92,500. Technical analysis indicates the upward trend will continue, with a need to monitor the market for any sudden corrections.
Note: The analysis is based on data from April 25, 2025, and market conditions may change later.
