Bitcoin Technical Analysis : BTC/USD 16 April 2025

Forex Technical Analysis : BTCUSD (Bitcoin)

Date : 16 April 2025

Momentum : Down

First Scenario : short positions below 83,950.79 with targets at 83,450.20, 82,995.11 and 82,565.12

Second Scenario : long positions above 83,950.79 with targets at 84,301.64, 84,761.20 and 85,267.71

Comment : RSI - Bearish.

Supports and resistances :

85,267.71 **
84,761.20 *
84,301.64
83,661.84 - Last price
83,450.20
82,995.11 *
82,565.12 **

Warning : This information is not a buy-sell signal.