📊 Current Setup (as of April 22, 2025):
Price: ~$93,400
Resistance zone: $94,500–$95,500
Momentum: Weak, but recovering
Volume: Low (lack of strong buying conviction)
✅ Bullish Case (30–40% chance):
If BTC closes above $94K with strong volume in the next 1–2 days, a test of $95K is realistic — possibly even $98K.
BTC is above the 50-day SMA (bullish), but just barely.
MACD is flat, so a momentum breakout is possible, but not confirmed.
❌ Bearish/Neutral Case (60–70% chance):
Market lacks conviction right now.
Any rejection at $94K or loss of $91K support will likely send BTC back to
89K or lower — killing any near-term chance of $95K.
Death cross fear is capping enthusiasm.
🎯 My View:
Price touching $95K? Possible, yes.
Sustaining above it or breaking out cleanly? Less likely unless volume spikes.
Probability BTC touches $95K next week: ~40%
Price: ~$93,400
Resistance zone: $94,500–$95,500
Momentum: Weak, but recovering
Volume: Low (lack of strong buying conviction)
✅ Bullish Case (30–40% chance):
If BTC closes above $94K with strong volume in the next 1–2 days, a test of $95K is realistic — possibly even $98K.
BTC is above the 50-day SMA (bullish), but just barely.
MACD is flat, so a momentum breakout is possible, but not confirmed.
❌ Bearish/Neutral Case (60–70% chance):
Market lacks conviction right now.
Any rejection at $94K or loss of $91K support will likely send BTC back to
89K or lower — killing any near-term chance of $95K.Death cross fear is capping enthusiasm.
🎯 My View:
Price touching $95K? Possible, yes.
Sustaining above it or breaking out cleanly? Less likely unless volume spikes.
Probability BTC touches $95K next week: ~40%
MT$
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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.
MT$
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.