Bitcoin (BTC/USD) Technical Analysis – April 3, 2025📊 Bitcoin (BTC/USD) Technical Analysis – April 3, 2025 🚀
🔹 Current Price: 83,187.60
🔹 Timeframe: 30M
📌 Key Support Levels (Demand Zones):
🟢 81,266.01 – Major Support Zone
📌 Key Resistance Levels (Fair Value Gaps - FVGs & Supply Zones):
🔴 83,929.01 – First Target
🔴 85,231.24 – Major Resistance (Potential Target)
📈 Bullish Scenario:
BTC is currently consolidating around 83,187 and forming a potential bullish structure.
A break above 83,929.01 could lead to a rally toward 85,231.24.
The 0.5 Fibonacci retracement level (85,310.24) is a key area to watch for potential resistance.
📉 Bearish Scenario:
If BTC fails to hold above 83,000, we could see a drop towards the 81,266 support zone.
A break below 81,266 may indicate further downside movement.
⚡ Trading Tip:
✅ Wait for bullish confirmation before entering long positions.
✅ Look for potential rejection at the FVG zones for reversal trades.
✅ Use risk management and set stop losses appropriately.
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