$BTC Detailed technical analysis of the cryptocurrency Bitcoin as of April 29, 2025:

Current price: approximately 95,000 dollars

Resistance levels:

Resistance 1: 100,000 dollars (strong psychological and technical barrier)

Resistance 2: 107,000 dollars

Distant resistance: 120,000 dollars

Support levels:

Nearby support: 85,000 dollars

Medium support: 78,000 dollars (200-day moving average)

Strong support: 70,000 dollars

Technical indicators:

RSI: above 50, indicating a continuation of bullish momentum

MACD: recent positive crossover supporting the bullish trend

Moving averages: the price is above 50 and 200 days, bullish signal