🚀 BTCUSD Daily Analysis Based on Main Key Levels - [April 23, 2025]

Daily Current Market Price (DCMP): 93,516

Market Position: Trading above structural support at 88,265 and below psychological resistance at 98,335

🔥 Critical Technical Levels

Resistance (Above DCMP)

🛑 98,335 - Macro resistance (Fib 1.618 extension)

🛑 95,724 - Liquidity zone (4H timeframe)

🛑 94,112 - Immediate sell trigger

Support (Below DCMP)

🟢 88,265 - Weekly pivot & 61.8% Fib retracement

🟢 86,986 - High-volume node

🟢 84,917 - Trend-defending level

Swing Levels

↗️ Swing High: 88,772 (4H timeframe)

↙️ Swing Low: 81,138 (Daily timeframe)

💎 Intraday Trade Setups

Buy Opportunity

• Entry: 88,265 🎯

• Stop Loss: 84,917 🚫

• Take Profit 1: 94,112 ✅

• Take Profit 2: 95,724 ✅

Rationale:

• Confluence of weekly pivot & 61.8% Fib retracement

• Bullish RSI divergence on 4H chart

• MACD histogram flipping positive

Sell Opportunity

No valid sell setup currently

⚠️ Resistance above DCMP lacks confluence with technical triggers

📊 Technical Landscape

• Fibonacci: 88,265 aligns with 61.8% retracement of 81,138-88,772 swing

• RSI: Bullish divergence at 44.8 (4H timeframe)

• MACD: Bullish crossover imminent on daily chart

• Volume Profile: Thin trading above 93,500 suggests volatility risk

🌐 Fundamental Catalyst

• Bitcoin halving anniversary price patterns

• SEC decision on spot BTC ETF options (23 April)

• US Treasury yield correlation dynamics