BTC/USD quotes are traded at 84722 and continue to move as part of the development of growth and bull channel. Sliding average indicate the presence of a short -term bull tendency in Bitcoin. Prices pierced the area between the signal lines up, which indicates the pressure from the buyers of the “digital gold” and the potential continuation of the development of a bull impulse of the value of the asset from current levels. As part of the forecast of the cryptocurrency course for tomorrow April 18, 2025, an attempt to develop the fall in the value of the digital asset and the support level of support near the area 83505 should be expected. Where it is again worth the rebound up and an attempt to continue the growth of the Bitcoin course with the aim of 89975 above.
Bitcoin Forecast and Analysis for April 18, 2025
An additional signal in favor of BTC/USD quotes growth will be the test line of support on the relative force indicator. The second signal in favor of this option will be a rebound from the lower border of the bull channel. The cancellation of the increase in the coin rate and the cost of Bitcoin will be the drop in the cost of the asset and the breakdown of the area 82065. This will indicate the breakdown of the support area and the continuation of the fall of the Bitcoin course with a potential target at the level of 75605. Confirmation of the increase in the price of the estate will be a breakdown of the resistance area above mark 87065.
Bitcoin Forecast and Analysis for April 18, 2025 involves an attempt to support the level of support near the area 83505. And then, the continuation of the growth of cryptocurrency with a potential target at the level of 89975. An additional signal in favor of the Bitcoin course will be the support line on the relative force indicator. The cancellation of the growth option of digital currency will be the breakdown of the area 82065. This will indicate a continuation of the fall of a coin with a potential goal below the mark of 75605.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
