2025-04-27 00:27:22

#GT #BTC #XRP #ETH #DOGE The price of Bitcoin breaks a downward trend that lasted for 81 days and is now testing the resistance level of the main exponential moving average at 87.3 thousand Dollar.

The price of Bitcoin has ended a downward trend that lasted for 81 days with strong support below.
The price of Bitcoin maintains its strength after surpassing resistance, and is testing the main EMA bar near 87 thousand Dollar.
The trend line flips to support as bulls regain control above the consolidation area at 84 thousand Dollar.
Bitcoin's price has officially broken its 81-day downtrend, turning the previous resistance level into short-term support. Bitcoin is trading above $85,300, regaining its gains and entering a critical technical pressure zone.

Bitcoin price突破了resistance水平
From January to mid-April 2025, the BTC/USD pair ( remained below a steep downward trendline. This structure formed lower highs and rejected five major breakout attempts over time. Each rejection demonstrated the sellers' control over the market direction and suppressed the rallies. The trendline created a clear resistance that prevented the bulls from reaching new highs.

Market analyst Rekt provided a detailed technical analysis of this price movement. His chart on TradingView, dated April 19, depicts Bitcoin's behavior across daily timeframes. A black trendline connecting the lower highs was drawn, while five red circles indicated rejection points. The repeated failure instances suggested strong resistance at every upward attempt during that period.

GT-0,09%

BTC-0,33%

XRP-0,24%

ETH0,37%

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