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Pi Network, the popular cryptocurrency project, has been on a roll with some really exciting developments. These updates are set to revolutionize the onboarding process for its users, making it more accessible and user - friendly.
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As of April 7, 2025, Bitcoin (BTC) is trading at approximately $78,240, reflecting a 6.08% decrease from the previous close.

Technical Analysis for April 8, 2025
As of April 7, 2025, Bitcoin is trading at approximately $78,240, reflecting a 6.08% decrease from the previous close. The intraday high was $83,501, and the intraday low was $77,127.
The Relative Strength Index (RSI) is at 53.34, indicating a neutral market position. The 50-day Simple Moving Average (SMA) is estimated to hit $748.67 by April 19, 2025, suggesting potential upward momentum.
Technical Analysis for April 8, 2025
As of April 7, 2025, Bitcoin is trading at approximately $78,240, reflecting a 6.08% decrease from the previous close. The intraday high was $83,501, and the intraday low was $77,127.
The Relative Strength Index (RSI) is at 53.34, indicating a neutral market position. The 50-day Simple Moving Average (SMA) is estimated to hit $748.67 by April 19, 2025, suggesting potential upward momentum.

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Binance will trial the new delisting mechanism with a community-driven approach and we now invite users to participate and vote on the first batch of Vote to Delist projects. Users can vote on projects with the Monitoring Tag that they wish to be delisted. 

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- Each user can vote for up to 5 projects in the Vote to Delist pool, and each verified account can only allocate one vote per project.
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Trading Range: Bitcoin is currently consolidating within a range of $87,341 to $90,907, which serves as key support and resistance levels.

Short-Term Outlook

Bullish Scenario: If Bitcoin breaks above the rising wedge and surpasses the $90,907 resistance, it could aim for higher targets such as $94,000 or even retest its all-time high of $109,079 from 2024.

Bearish Scenario: A breakdown below the wedge and the $87,341 support level could trigger a decline toward $82,000 or lower, particularly if broader market sentiment turns negative.

Summary

As of March 26, 2025, Bitcoin’s chart shows it in a consolidation phase within a rising wedge between $87,341 and $90,907. The 14-day RSI at 67.83 reflects neutral momentum, while the 50-day and 100-day moving averages provide bullish support. Resistance at $90,907 is a critical level to watch—a breakout could spark a rally, while a breakdown might lead to a drop. External factors like geopolitics and regulations could also sway the next move. Keep an eye on these levels for Bitcoin’s direction!

If you’d like more details or have specific questions about the chart, feel free to ask!