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📊  BTCUSD Daily Analysis Based on Main Key Levels – 7 April 2025

  • Neom
  • Apr 7
  • 1 min read

Daily Current Market Price (DCMP): 74,730


Immediate price framework:


Below DCMP: Support confluence (73,084–69,869)

Above DCMP: Resistance cluster (77,189–92,799)


📍 Critical Zones


Support (Bullish Triggers):


✅ S1: 73,084 (61.8% Fibonacci retracement anchor)

✅ S2: 69,869 (4H chart liquidity pool)

✅ S3: 67,450 (2025 institutional demand zone)


Resistance (Bearish Barriers):


❌ R1: 77,189 (38.2% Fibonacci extension)

❌ R2: 83,832 (Descending wedge upper boundary)

❌ R3: 86,370 (All-time high rejection area)


Swing Levels:


🔺 Daily/4H Swing High: 88,772

🔻 Daily/4H Swing Low: 81,138


🔍 Technical Snapshot


Fibonacci Framework: Price oscillates between 73,084 (61.8% retracement) and 77,189 (38.2% extension)

RSI: Neutral at 54, showing equilibrium between buyers/sellers

MACD: Bearish crossover persists below signal line


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💡 Trade Setups


1️⃣ Intraday Buy Trade


🎯 Entry: 74,249 (Strategic demand zone)

🛑 Stop Loss: 72,500 (-1,749 points)

🎯 Take Profit 1: 77,189 (+2,940 points)

🎯 Take Profit 2: 79,727 (+5,478 points)


Catalyst: Bullish divergence on 4H chart & rising OBV indicator


2️⃣ Intraday Sell Trade


🎯 Entry: 76,955 (Supply confluence zone)

🛑 Stop Loss: 78,200 (+1,245 points)

🎯 Take Profit 1: 73,084 (-3,871 points)

🎯 Take Profit 2: 69,869 (-7,086 points)


Catalyst: Bearish order block activation & decreasing funding rates


📉 Risk Protocol


Use 2% capital allocation per trade

Monitor CME Bitcoin futures gaps (73,200–75,100) for price magnetism

Disclaimer: Analysis combines Wyckoff accumulation/distribution patterns with Fibonacci tools. Cross-verify with Bitcoin dominance charts for confirmation. 🚨

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