BTCUSDT Weekly Analysis — Potential Reversal or Trend Continuati

📊 BTCUSDT Weekly Analysis
Technical Outlook — April 21, 2025

🔍 Current Market Condition:
Bitcoin is trading within a long-term ascending channel on the weekly timeframe. Price is approaching a crucial decision zone around $87,000–$90,000, marked by previous resistance and mid-channel structure.

🧩 Key Technical Highlights:

• Price is retesting midline of the ascending channel.
  
• Stochastic shows potential bullish cross from the oversold area.
  
• Multiple resistance zones ahead: $90K, $100K, and $110K.
• Support below at $75K and then 54K levels.
  
• Structure suggests potential for a bounce or a deeper correction.
  

📈 Possible Scenarios:

Bullish:

• If BTC breaks and holds above $90,000, we may see a continuation towards $100K and $110K.
• A bullish Stochastic cross would strengthen this case.
  

Bearish:

• Failure to break $90,000 and a rejection from resistance could send BTC back toward $75K or even worse $54K.
• Watch for bearish divergence or weakness in momentum indicators.
  

📌 Important Note:

BTC is at a pivotal zone; traders should monitor macroeconomic news and market sentiment closely, especially with halving hype potentially priced in.

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Disclaimer: This content is intended for educational purposes only and does not constitute financial advice.