📊BTC/USD Price Action Update – April 22, 2025
🔹Current Price: 88,162.24
🔹Timeframe: 15M
📌Key Demand Zone (Support):
🟢88,157–88,460 – Clean Breaker Block (ideal for bullish re-entry on retest)
🟢85,500–86,500 – Higher Timeframe Demand Zone (strong base for major bullish leg)
📌Key Resistance Level:
🔴88,778 – Short-Term Structural High (key breakout point)
📈Bullish Outlook:
Price is consolidating below the 88,778 resistance. A clean candle break and close above this level can open the door to a bullish continuation, targeting the 89,500–90,000 range. Ideal entry on a pullback to 88,157–88,460 if demand holds.
📉Bearish Outlook:
If price fails to break and hold above 88,778, watch for signs of rejection. A bearish break below 88,157 could lead to a deeper retracement into the 85,500–86,500 zone.
⚡Trade Setup Tip:
✅Wait for a confirmed break and retest of 88,778
✅Watch price action at 88,157 for continuation or rejection
✅Use a tight SL and manage risk around news volatility
#BTCUSD #BitcoinTrading #CryptoPriceAction #SmartMoneyConcepts #BreakOfStructure #ForexAndCrypto #IntradayTrading #FXFOREVER #MarketUpdate #SupplyAndDemand #BitcoinUpdate
🔹Current Price: 88,162.24
🔹Timeframe: 15M
📌Key Demand Zone (Support):
🟢88,157–88,460 – Clean Breaker Block (ideal for bullish re-entry on retest)
🟢85,500–86,500 – Higher Timeframe Demand Zone (strong base for major bullish leg)
📌Key Resistance Level:
🔴88,778 – Short-Term Structural High (key breakout point)
📈Bullish Outlook:
Price is consolidating below the 88,778 resistance. A clean candle break and close above this level can open the door to a bullish continuation, targeting the 89,500–90,000 range. Ideal entry on a pullback to 88,157–88,460 if demand holds.
📉Bearish Outlook:
If price fails to break and hold above 88,778, watch for signs of rejection. A bearish break below 88,157 could lead to a deeper retracement into the 85,500–86,500 zone.
⚡Trade Setup Tip:
✅Wait for a confirmed break and retest of 88,778
✅Watch price action at 88,157 for continuation or rejection
✅Use a tight SL and manage risk around news volatility
#BTCUSD #BitcoinTrading #CryptoPriceAction #SmartMoneyConcepts #BreakOfStructure #ForexAndCrypto #IntradayTrading #FXFOREVER #MarketUpdate #SupplyAndDemand #BitcoinUpdate
fxforever
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
fxforever
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.