This Bitcoin price analysis for April 9, 2025 reveals continued bearish pressure as BTC/USD slips below the $75,000 mark. Our 1-hour technical review highlights key indicators like MACD, RSI, and moving averages to guide short-term crypto traders through this downtrend.
Bitcoin price action shows persistent weakness, as BTC/USD fails to break above either the 50-period or 200-period moving average. Following a brief recovery on April 8th, sellers regained control, pushing price action lower and reinforcing the downtrend. With lower highs and lower lows forming, the bearish structure remains intact. Technical Indicators in This Bitcoin Price Analysis
source: cTrader
In this Bitcoin price analysis, the chart shows BTC/USD trading beneath both the 50-period and 200-period moving averages. This confirms strong downward momentum and suggests any rallies will likely face stiff resistance.
The MACD line remains below the signal line, both of which are trending in negative territory. This supports the ongoing bearish sentiment highlighted in our analysis.
The RSI is currently trending toward oversold conditions, showing selling pressure remains intense. However, no bullish divergence has been confirmed as of now.
Volume increased slightly during the most recent drop, validating the strength behind the downward move. Without rising buyer volume, bullish reversals are unlikely to gain traction.
Support for BTC/USD is now seen near $75,000. A breakdown below this level may lead to a drop toward $72,000. Resistance lies around the 50-period moving average at $78,000, with major resistance near the 200-period moving average at $81,000.
In summary, our Bitcoin price analysis highlights continued bearish pressure for BTC/USD in the short term. Key indicators suggest sellers remain in control, and traders should watch volume closely for signs of a reversal. Stay tuned for the latest updates right here on FIXIO Blog. Disclaimer: This content is provided for informational purposes only and does not constitute investment advice. Please be sure to conduct your own research.
Bitcoin price analysis shows BTC/USD falling below $75,000 with bearish momentum confirmed by MACD, RSI, and moving average signals.
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