April 16, 2025

Bitcoin (BTC) Price Prediction For April 11, 2025

3 min read

Bitcoin (BTC) is regaining bullish traction on the 4-hour chart, rebounding decisively from recent lows near $75,000. At the time of writing, BTC is trading around $81,720, signaling renewed buyer interest and a potential continuation of the uptrend. This price recovery has propelled BTC above the Bollinger Bands’ midline and toward the upper band, reflecting increasing upward pressure. The rebound coincides with shifting market sentiment, as traders anticipate another leg higher—contingent on BTC overcoming key resistance. Let’s explore the structural, technical, and pattern-based signals shaping Bitcoin’s short-term outlook. Triple Pattern Formation Suggests Reversal in Progress Three critical chart patterns are unfolding that collectively strengthen the bullish case. First, a W-shaped double bottom formed between April 6 and April 10, where BTC tested the $75,000 level twice before rallying. This classic reversal pattern points to waning selling pressure and rising demand. Second, a bullish engulfing candle emerged on April 10, overtaking the previous red candle—a strong signal of buyer dominance and potential trend continuation. Third, a rounding bottom has started to take shape, gradually curving upward, which typically precedes sustained bullish reversals. Together, these patterns indicate a shift in momentum that could propel BTC past $83,000. Bollinger Bands Indicate Upside Momentum with Caution Ahead The Bollinger Bands (20,2) on the 4-hour chart offer insight into potential volatility expansion. BTC is now positioned between the midline and upper band—reflecting a clear bullish bias. The bands are beginning to widen, a sign of increasing volatility. If BTC breaks above the upper band resistance near $83,761, it would validate bullish momentum and open the door to further gains. However, if resistance holds, a pullback toward the mid-band around $79,387 is likely. Traders should monitor this level closely to assess whether a breakout or temporary consolidation is more probable in the sessions ahead. EMA Crossover and RSI Reinforce Bullish Momentum The short-term technical indicators support further upside. BTC has moved above the 20-period EMA on the 4H chart—marking a bullish crossover that suggests short-term trend strength. This EMA breach follows a prolonged bearish phase earlier in the month and signals a potential trend reversal. Though the Relative Strength Index (RSI) is not directly shown, price action and recent bullish candlesticks imply that RSI is rising near 60—a zone that confirms building bullish momentum without being overbought. The alignment of EMA positioning and RSI slope favors further upside unless momentum begins to stall. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Market Structure Aligns with Bullish Continuation Toward $85K The prevailing market structure on the 4H chart supports a bullish continuation. Bitcoin is forming a series of higher lows and higher highs, a core component of a rising trend. The critical support level now rests around $79,387, which also coincides with the Bollinger midline. This area has held firm through recent price dips, establishing itself as a reliable demand zone. On the resistance side, BTC faces a key test near $83,761. A confirmed breakout beyond this level could trigger a rally toward $85,500, especially if accompanied by a surge in volume and bullish follow-through candles. BTC Targets if Momentum Sustains Given the convergence of bullish price patterns, supportive indicators, and constructive structure, Bitcoin appears ready to test the $83,000–$85,000 range during today’s session. Price stability above $80,000 during U.S. trading hours will be crucial to maintain the current momentum. A failure to breach resistance may lead to consolidation between $79,000 and $81,000, offering potential re-entry zones for traders. Short-term strategies could include breakout entries above $83,800, targeting the $85,000–$85,500 region with stops below $80,000. Long-term traders should monitor the daily close for confirmation of sustained bullish control. Overall, Bitcoin is regaining strength, and today’s session could set the tone for the next breakout. Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Bitcoin (BTC) Price Prediction For April 11, 2025 appeared first on Times Tabloid .

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