Bitcoin (BTC) Price Prediction For April 15, 2025
3 min read
Bitcoin (BTC) is trading at $85,836.45, posting a 1.35% daily gain. Recent market activity reflects a resurgence of bullish momentum , as BTC attempts to reclaim key resistance levels. This analysis explores two technical chart patterns across the daily and 4-hour timeframes, along with Bollinger Bands and MACD indicators, to provide a high-probability forecast for today’s market move. Daily Chart Overview: Bullish Reversal Signals Emerging On the daily timeframe, Bitcoin has broken above the 20-day Simple Moving Average (SMA), currently around $82,824, aligning with the Bollinger Band’s midline. This break suggests improving momentum and growing buyer interest. The Bollinger Bands are beginning to expand, typically an early sign of increased volatility and potential breakout. Two bullish patterns stand out in this timeframe. First, a well-defined Double Bottom has formed near the $77,000–$78,000 support zone, which acts as a foundation for a possible upward reversal. If BTC closes above the $88,000 resistance, the double bottom pattern would be confirmed, potentially targeting levels between $93,000 and $95,000. Additionally, a recent Bullish Engulfing candlestick near support further reinforces the potential for continued upside, suggesting strong demand at lower levels. MACD Insights: Momentum Tilting in Favor of Bulls The MACD (12,26) on the daily chart has recently flashed a bullish crossover, with the MACD line moving above the signal line. This crossover is accompanied by growing green histogram bars, reflecting a shift in momentum from bearish to bullish territory. Notably, the crossover took place after a prolonged bearish cycle, adding significance to the signal. Should the MACD continue to rise and approach the zero line, it may mark the beginning of a more sustained uptrend. The combination of improving price structure and positive momentum strongly suggests the market is recovering from its recent correction. 4-Hour Timeframe: Bullish Structure Building On the 4-hour chart, Bitcoin is consolidating within a rising wedge pattern, formed from a series of higher lows and gradually higher highs. This structure typically favors bullish continuation if the price breaks above the wedge’s upper boundary, currently near $86,000. However, a drop below $83,000 would invalidate the pattern and hint at near-term weakness. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 An Inverse Head and Shoulders pattern is also developing, with a neckline of around $85,800. The symmetry of the shoulders and the increasing volume on the right side suggest a possible breakout. A confirmed breakout above the neckline could project a price target around $90,000 to $92,000, aligning with previous resistance levels and Fibonacci extensions. Short-Term Indicators The 4-hour MACD further supports the bullish narrative, as the MACD line has crossed above the signal line, with histogram bars turning positive. This move reinforces short-term upward momentum. The Bollinger Bands on the 4-hour chart are widening after a period of compression, which typically signals an imminent breakout. With BTC currently trading above the midline of the Bollinger Bands, momentum appears to favor buyers. Sustained price action above $85,000, especially with volume support, may lead to a decisive move toward the $88,000–$90,000 range in the coming sessions. Prediction For Today Considering the alignment of bullish patterns on both timeframes—such as the Double Bottom and Inverse Head and Shoulders—combined with the positive MACD crossovers and supportive Bollinger Band behavior, Bitcoin appears positioned for further upside today. A breakout above $86,000 could fuel a rally toward $88,000 and $90,000 in the short term. However, if BTC fails to hold above the key level of $82,800, it may face a temporary retracement toward the $80,000–$78,000 zone. Overall, today’s outlook remains bullish , with technical indicators and chart structures signaling a high probability of further gains. Traders should monitor volume closely for confirmation and be prepared for volatility as BTC approaches major resistance levels. 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 15, 2025 appeared first on Times Tabloid .

Source: TimesTabloid