Post
Topic
Board Speculation
Re: Can BTC break through $95,000 resistance this week ?
by
Zaguru12
on 25/04/2025, 20:01:31 UTC
Prior to this current price, we've seen Bitcoin fluctuate around $80-85 for a while before we saw upward movement so what I'm trying to say that is that Bitcoin is still shaky and trying to find a balance so at the moment we can't make an accurate prediction on where it will  end or if it will break through the $95k resistance.
 Personally, I believe we will see more highs for Bitcoin but not in this April since the best price I've seen is $94,220 as at time of writing, probably we'd begin to see price corrections from next month.

I will be giving my analysis base on my technical knowledge personally I see bitcoin maintaining a bullish trend throughout this month and possibly the entirety of the next 80 days we have left before the tariff cool down ends and decision is made. Bitcoin has been consolidating long enough above $85k price so for that I don’t see it revisiting such target again. The little correction I had actually expected is this weekend if the volume reduce then it might want to come down and clear the Fair value Gap and also take some open positions there. Should but oh fails to visit this points then there is possibility of it actually continuing with the momentum upward but will most likely consolidate more between $90k and $98k for sometime before we start pushing for the price above $100k


I think the time frame for DCAing has passed. If you wanted to buy some bitcoins, you should have taken advantage of when the price was at $76k or something. That way, you could have already made profit even before bitcoin reached $100k again. By now, we should be happy and content with the coins we are holding and we should just wait for when the price hits the maximum target we have for our coins. This is just my opinion of course and if you feel that even with such a high price, DCA is still a smart strategy then by all means you should do that.

For short term trader you worry about what price to buy bitcoin at most especially if the price starts pumping but for long term holders then buying bitcoin at any price is definitely not a wrong or bad decision, when bitcoin broke the past ATH of $77k short term holders will say it is bad to buy above that price but long term holders will still keep buying and look at the price now. Bitcoin fluctuations is only felt in a short term period, long term holders do not get bother about this