250429 - Bitcoin Market Analysis

The current price of Bitcoin is continuing to rebound. However, from a long-term perspective, there remains a risk of dropping below the previous low of $74,508, so vigilance is required. In the short term, the possibility of a correction is slightly higher; if the signal changes to S, special attention is needed.

If a correction occurs, the main support levels are near: $93,070 / $92,000 / $85,000. Even if it breaks the previous high of $95,758, if it cannot firmly hold above that level, it may trigger a new correction.