As of April 7, 2025, Bitcoin (BTC/USD) is showing signs of a short-term bearish trend. This report analyzes potential price movements of BTC based on key indicators such as moving averages (MA50 & MA200), RSI, MACD, and trading volume.
BTC Price Trends and Resistance Zones
BTC is currently trading around $78,091, having declined from $84,000 and struggling to recover the $80,000 resistance zone. A bearish flag pattern is forming below this key level, indicating a potential short-term decline.
Moving Averages Confirm Bearish Bias
- The 50-period moving average has formed a death cross below the 200-period moving average, a typical bearish signal.
- The current price is below both moving averages, reinforcing the downward trend.
RSI and MACD Indicate Weak Buying Pressure
The Relative Strength Index (RSI) is hovering slightly below 50, suggesting weak buying pressure. Meanwhile, the MACD is below its signal line, indicating continued bearish momentum.
Volume and Market Sentiment Outlook
Trading volume surged during the recent decline, signaling strong selling pressure. Since then, volume has decreased, suggesting a temporary pause or a possible shift to a short-term range-bound market.
BTC Outlook
Based on current technical data, if BTC fails to rebound at the $80,000 level, it may test the next key support zones.
Bearish Continuation Scenario
- Downside targets could be around $76,000 and $73,500.
Potential Reversal Scenario
- If BTC breaks above the 50-period moving average with strong volume, a rebound toward $83,000 could be expected.
Conclusion
BTC is currently in a technically unstable state. Traders should closely monitor price reactions around RSI, MACD, and key moving averages to plan their next strategies.
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