₿ BTCUSD Daily Analysis Based on Main Key Levels - 8 April 2025

Daily Current Market Price (DCMP): 🟠 79,666

Price trades BELOW immediate resistance (81,334) and ABOVE key support (76,955)

🚩 Critical Price Zones

Resistance (Sell Areas):

🔥 81,334 (Weekly Pivot)

🔥 82,416 (Daily R2)

🔥 84,993 (Daily R3)

Support (Buy Areas):

🛡️ 76,955 (Weekly S1)

🛡️ 75,670 (Daily S1)

🛡️ 74,708 (Daily S2)

🔍 Technical Snapshot

Swing Levels:

Daily High: 88,772 | Daily Low: 81,138

4H High: 81,334 | 4H Low: 76,955

Fibonacci:

61.8% Retracement at 78,200 | 127% Extension at 83,900

Momentum:

RSI at 48 (bearish bias) | MACD lines converging below zero

Price Action:

Descending triangle pattern forming below 81,334

💡 Trade Setups

Intraday Buy (Long)

🎯 Entry: 76,955 (Weekly S1)

🔴 Stop Loss: 74,708 (Daily S2)

✅ Take Profit 1: 78,247 (Daily Pivot)

✅ Take Profit 2: 79,666 (DCMP)

Rationale: Historical support zone aligns with 78.6% Fib level 📉→🚀

Intraday Sell (Short)

🎯 Entry: 81,334 (Weekly Pivot)

🔴 Stop Loss: 82,416 (Daily R2)

✅ Take Profit 1: 79,666 (DCMP)

✅ Take Profit 2: 78,247 (Daily Pivot)

Rationale: Resistance cluster with bearish MACD histogram expansion 🎯→📉

⚡ Key Observations

Decisive battle near 79,666 (200D SMA at 78,900)

Volume surge below 76,955 indicates whale accumulation

Bullish divergence emerging on 4H Stochastic RSI

Risk Note: Monitor SEC crypto regulation updates – Major announcements could trigger volatility beyond technical ranges.