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 ₿📅 BTCUSD Daily Analysis Based on Main Key Levels – 24 April 2025

  • Neom
  • Apr 24
  • 1 min read

Daily Current Market Price (DCMP): 💹 92,707


🎯 Key Price Levels


Above DCMP (Resistance)


🔴 R3: 88,265 | R2: 86,986 | R1: 86,196


Below DCMP (Support)


🟢 S1: 83,638 | S2: 82,848 | S3: 81,569


Swing Levels (Daily/4H):


🔼 Swing High: 88,772 | 🔽 Swing Low: 81,138


📊 Technical Snapshot


  • RSI: Bullish divergence forming on 4H charts

  • MACD: Histogram shows weakening bearish momentum

  • Price Action: Consolidating near 92,000-93,000 zone


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💡 Intraday Trade Setups


Trade Idea 1: Intraday Buy


  • Entry: 🎯 88,265 (Key Support Zone)

  • Stop Loss: 🚫 86,196 (Below R1)

  • Take Profit 1: ✅ 92,424 (Immediate Resistance)

  • Take Profit 2: ✅ 94,510 (Mid-Term Target)


Rationale:


  • Aligns with 61.8% Fibonacci retracement from swing high (88,772)

  • MACD line crossover imminent on 4H timeframe


📉 Fibonacci Levels (4H Framework)


  • 38.2% Retracement: 85,755 (Strong Support)

  • 127% Extension: 95,150 (Next Resistance Cluster)


⚠️ Risk Management Protocol


  • Position size ≤1.5% of capital per trade

  • Monitor Bitcoin ETF inflows/outflows

  • Trail stops above 90,000 after TP1 hit

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