Published: 26 Apr, 2025 | Author, @MrJangKen | ID: 766881381
After weeks of consolidation and uncertainty, Bitcoin is back on the move! โก
With a powerful surge, BTC/USDT is now knocking on crucial levels that could decide the next BIG breakout.
Note: This analysis is based on the 1-Day (1D) candlestick chart timeframe. ๐ฏ๏ธ
Let's break it down!
Current Snapshot ๐ธ
Price: $94,101.74
24H High/Low: $95,758.04 / $93,870.69 ๐ฅ
Volume (24h): 15,937 BTC traded
Trend: Strong Recovery Mode (โ )
Bitcoin is flexing strength after defending its recent lows beautifully! ๐ช
Key Chart Insights ๐
1. Moving Averages Crossfire โ๏ธ
MA(7) (Yellow Line) โก๏ธ $91,792.92 (Short-Term Trend)
MA(25) (Pink Line) โก๏ธ $85,242.89 (Medium-Term Base)
MA(99) (Purple Line) โก๏ธ $90,613.18 (Long-Term Direction)
What's the vibe?
BTC price is above all three major moving averages! โ
Especially beating the MA(99) is a bullish green flag. โ
๐ Bottom Line: BTC has flipped major resistance into support โ a super strong bullish signal! ๐ฅ
2. Volume Explosion: Green Light! ๐ฆ๐
Volume has risen sharply alongside the price movement.
Buyers are coming back in force! ๐โโ๏ธ๐จ
Quick Tip:
High volume during upward moves = legit breakout, not a fake rally! โ
3. Support & Resistance Levels ๐ก๏ธ๐ง
Strong Supports:
$90,600 ๐ก๏ธ (MA(99) backup)
$86,968 ๐ก๏ธ (Previous structure)
Immediate Resistances:
$95,758 ๐ง (Current battle zone)
$101,026 ๐ฏ (Major psychological resistance)
$106,457 ๐ (Next macro target!)
Game Plan:
Break and close above $95,758 = ๐ Bitcoin aims for $101K next!
Fail to hold $90,600 = โ ๏ธ Short-term pullback likely.
BTC Price Prediction ๐ฎโจ
Short-Term (Next 1-2 Weeks):
Trend: Bullish ๐
Watch For: Strong candle close above $95,758 ๐
Strategy:
Entries on minor pullbacks near $92,000โ$93,500 ๐
Major momentum if $95,800 clears!
Medium-Term (Next 1-2 Months):
Trend: Bullish with momentum potential ๐
Target Zones:
$101,000 ๐ฏ
$106,000 ๐
Strategy:
Add positions on dips or confirmed breakouts ๐
Final Thoughts ๐ญ
Bitcoin looks ready to fire up its engines! ๐ฅ
The move above major moving averages, paired with strong volume, is a textbook setup for a continued rally. ๐
Actionable Tips:
Aggressive Traders:
Partial entries now โ
Boost after a clear daily candle above $95,800 โก
Conservative Traders:
Wait for breakout confirmation, then ride toward $101K and beyond! ๐
Don't forget: Always set stop-losses to stay protected in volatile moves! ๐ก๏ธ
Is Bitcoin Finally Awakening for the Big Push? ๐
๐ฅWhatโs your target โ $100K or beyond? Let's hear your opinions in the comments! โคต๏ธ
Stay tuned and stay sharp!
