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BTCUSD Daily Analysis Based on Main Key Levels - 18 April 2025
🎯 Daily Current Market Price (DCMP): 84,673
🔑 Key Price Framework:
Above DCMP Resistance
🔥 85,387 (Daily R1) → 85,795 (Daily R2) → 86,455 (Daily R3)
Below DCMP Support
🛡️ 84,068 (Daily S1) → 83,660 (Daily S2) → 83,001 (Daily S3)
Historic Swing Levels
🏔️ All-Time High: 93,547 (13 Nov 2024)
⛰️ Previous High: 73,630 (28 Oct 2024)
📊 Technical Dashboard
Fibonacci Tools
* 0.382 Retracement at 83,200
* 0.618 Extension at 87,900
Momentum Indicators
📉 RSI: 54 (Neutral with bullish divergence)
📈 MACD: Bullish crossover at 83,400
Volume Profile
🗻 High Volume Node at 84,700 aligns with DCMP
💡 Trade Setups
⚡ Intraday Buy Opportunity
Entry: 🎯81,410 (Weekly Pivot)
Stop Loss: 🚫80,200
Targets:
✅ TP1: 82,600 (1:1 Risk-Reward)
✅ TP2: 83,800 (1:2 RR)
Rationale:
* Confluence of weekly pivot + 200-EMA support
* Bullish MACD crossover confirmation
⚡ Intraday Sell Opportunity
Entry: 🎯85,860 (Weekly R1)
Stop Loss: 🚫86,700
Targets:
✅ TP1: 84,900 (Daily S1 confluence)
✅ TP2: 83,400 (Fibonacci cluster)
Validation:
* Rejection at 86,455 historical resistance
* Bearish RSI divergence on 4H chart
🛡️ Risk Management Protocol
Position Size: ≤2% account risk per trade
Trailing Stop: Activate after TP1 hit
Session Expiry: Close positions before NYSE close
📈 Market Sentiment Drivers
* Fed Rate Decision Impact (21 April 2025)
* Bitcoin ETF Net Flows: $420M weekly inflow
* Hash Rate: 650 EH/s (All-Time High)
This is my weekly view for Bitcoin
