Bitcoin (BTC) tapped a 3-day minima in a weekly closing on April 20, because the analysis warned against fresh fluidity.
The analysis sees how Bitcoin exceeds USD 83,000
Data from CointeLraph Markets Pro i TradingView He showed that BTC/USD dropped by 1.5% to USD 83,974 on the day before reflection.
Still at the weekend, essentially less unstable, Bitcoin tried to stop the defects of the week when doubts arose about the strength of nearby support.
By studying the current configuration of liquidity in various books about orders, the popular analyst Mark Cullen was particularly skeptical in the amount of USD 83,000.
“Bitcoin 90,000 liquidity is still calling. But I think that the level 83K is not safe, these falls from the last Sunday and Wednesdays will probably be launched as the first”, he summarized on X.
“Then we wait for the reaction and stubborn structure to build back in a low range.”
Cullen and others, however, recorded a miniature -term BTC price from 83,000 to USD 86,000 per place on the Easter weekend.
📈#Bitcoin Bound scope‼ ️
Probably the long Easter weekend you probably see $ Btc Play in the range from 83k to 86k. Thanks to this, ready sweeping of ups in the range at the end of last week, IMO will see the liquidity sought after from the minima before continuing.#Crypto #BTC https://t.co/inllx4lexj pic.twitter.com/6zx5gxzx79
– Alphabtc (@Mark_Cullen) April 20, 2025
“Quite a slow market this long weekend as expected. I think that next week will become interesting because the charts are quite compressed. Every decent good/bad header can cause a fairly large move, I think. further.
“Basically, these movements are not the ones you want to disappear when it appears. 83,000 USD-86 thousand USD is a range to watch in a miniature period.”
The accompanying chart showed the BTC price campaign in relation to the latest closing point for CME Group term contracts, potentially inviting a “gap” to create, which can provide a short -term price magnet.
Meanwhile, a colleague Romana looked at what can become a return to multimonthise falls as a stubborn reversal of the reverse head and shoulders.
“If the volume decreases on the way to 76 thousand. he said X followers.
Trust will escalate compared to the BTC price breakthrough
Readers’ update at Daily Chart, a popular salesman and Rekt Capital analyst had good news.
Related: Bitcoin can reach 138,000 USD within 3 months, because the chances of macro see the price of BTC
Bitcoin confirmed, eventually he broke free from Multimonthint, without violating him during support.
“Bitcoin did not simply break the inheritance and successfully tested him as support for the first time since the creation of the pit,” he wrote.
“But Bitcoin was also able to stay in a way balanced above the inheritance from the period of several consecutive days.”
According to Cointelegraph, fate fell on radars for weeks, and not everyone agreed that Price left it for good.
This article does not contain investment advice or recommendations. Each investment and commercial movement involves risk, and readers should conduct their own research when making decisions.
