BTCUSD Daily Analysis | April 12, 2025
Price is currently consolidating around the $83,700 zone, showing signs of indecision. Two potential scenarios to watch:
🔵 **Bullish Scenario**: If price breaks and retests above the minor resistance (blue box), we could see momentum push toward the $88,500 key level, with extended targets near $92,600.
🔴 **Bearish Scenario**: If price fails to break above the resistance zone and gets rejected, a move back down toward the $77,300 support zone is possible.
🕵️♂️ Patience is key—waiting for confirmation before taking a position.
📅 Watch how price behaves leading up to **April 27th**, a potential key date for volatility.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.