Bitcoin price is full of wild swinging and important technical indicators enough to pick up the interest of merchants. At the time of this report, Bitcoin continues to trade at $ 80,010.42 (77,344.88), which represents an increase of 3.76 % over the previous day.
The last price procedures define a struggle between bulls and bears, with large indicators indicating future challenges. Will Bitcoin come back with these conditions?
Are technical indicators vowing by danger?
Huge information can be observed about MACD and RSI Bitcoin momentum. The MACD line rises at -1002.04 above the signal line at -1183.90, indicating a climbing intersection in MACD (12,26).
Reading the 181.86 graph enhances this difference and shows an increase in bullish momentum. The relative strength index, on the other hand, is barely above the excessive area of the peak, as it continues to walk around 69.
This is an indication of the exhaustion of the potential buyer, but again, not important. Collectively, these signals can indicate that if the sale pressure is built, the bears are aimed at 78,652.76 dollars as the next goal and the transfer of the basic procedure.
source:Tradingvief
In a recent post by analyst Ali O X, Bitcoin flashing a weekly purchase signal. It can exceed 74,500 dollars and kidnapping $ 82,000 to move to $ 88,000. However, failure to maintain these levels risk withdrawal, with support near $ 74,480 decisive to watch.
#Bitcoin $ BTC It is a flash of a weekly sequence signal. It can exceed $ 74,500 and kidnapping 82,000 dollars, moving to $ 88,000! pic.twitter.com/9AV6QCWTMH
Ali (ali_charts) April 8, 2025
Bitcoin collects $ 80,000 stimulating whale transfers: Will you kill Mars?
Development of filter data on April 7 by Coinglass It explains how bitcoin is sensitive to sudden and huge warm movements. Initially, the price decreased to $ 77318 before a series of conjunction with the financial lever increased on the 80,000 dollar sign.
Currently, Bitcoin is trading near the axial price point of $ 79,901.18, as the pricing was volatile. The liquidation may accelerate, up to $ 74292.00 if the bulls do not defend the S2 at a price of 78,652.76 dollars.
However, if traders are able to separate dramatically and decisively above 80,103.51 dollars, they may be operated to 92,943.72 dollars.
According to Ali Martinez’s tweetBitcoin price fell from $ 74,500 to $ 81200, along with whale transactions of $ 1715 with a little higher than a million dollars, according to Santiment.
1715 whale transactions were more than one million dollars in the network yesterday #Bitcoin $ BTC It rose from 74,500 dollars to 81200 dollars, as shown in the data on the series from Santimentfeed! pic.twitter.com/iebosehekg
Ali (ali_charts) April 8, 2025
The increase in large transactions is an indication of whale activity when it comes to the price process in the past few days. After making the price, we see a decline to about $ 80,000. This most likely shows that there are some profits or resistance, so there is something that justifies a cautious eye to move forward.
Conclusion: Will the bitcoin coin boycott or bend?
The Bitcoin battle at $ 80,000 now depends on the ability to obtain cash support. Although the signs appear to be declining (with the risk of filter) and a potential decline between price movement appears on Macd, they are still optimistic about the S2 solid purchase at 78,652.76 dollars.
Expecting continuous fluctuations, because any decline to S2 at 78,652.76 dollars would prefer bears, while any outbreak exceeds 80,103.51 dollars that would raise a return to the bullish confidence. Traders should closely look at the inherent size behind the behavior of the whale.
