Close Menu
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Categories
  • Altcoins (1,453)
  • Analysis (1,636)
  • Bitcoin (2,225)
  • Blockchain (1,315)
  • DeFi (1,538)
  • Ethereum (1,507)
  • Event (56)
  • Exclusive Deep Dive (1)
  • Landscape Ads (2)
  • Market (1,582)
  • Press Releases (2)
  • Reddit (875)
  • Regulation (1,480)
  • Security (2,105)
  • Thought Leadership (3)
  • Videos (41)
Hand picked
  • SEI leads the cryptography market with 43% weekly overvoltage – $ 0.5 of recovery on the horizon? – TradingView News
  • The trading of tokenized stocks live on Kraken, Bybit and the SOLANA DEFI ecosystem – TradingView News
  • Valr Champions New Financial Order in Istanbul Blockchain Week – DL News
  • Hackers already bagged a record $2.1bn in stolen crypto this year, says TRM Labs
  • From Wall Street to your wallet: token actions now available on Kraken
We are social
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Facebook X (Twitter) Instagram
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
Facebook X (Twitter) Instagram YouTube LinkedIn
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Events
Altcoin ObserverAltcoin Observer
Home»Bitcoin»Bitcoin Price Stands of less than $ 85,000 psychological, why a drop to $ 74,000 is possible
Bitcoin

Bitcoin Price Stands of less than $ 85,000 psychological, why a drop to $ 74,000 is possible

April 11, 2025No Comments4 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
Bitcoin from adobe stock 18.jpg
Share
Facebook Twitter LinkedIn Pinterest Email


Confidence editorial Contents, examined by the main experts in the industry and experienced publishers. Advertising disclosure

Crypto Saeed analyst described a lower case for the Bitcoin pricePrying that he could still fall to $ 74,000 as low. The analyst has highlighted the psychological level of $ 85,000 as being the key to knowing if the BTC fell on this target or witness another escape to new heights.

Bitcoin price risks fall to $ 74,000 if it occurs

In a TradingView PostSAEED mentioned a drop at $ 74,000 like its lowering scenario for the Bitcoin price. He explained that if the price fails to break out and decreases instead below $ 80,000, a correction would take place around $ 76,500, even $ 74,000, which would present a back -to -school opportunity for long -term bulls.

The analyst also noted that the Bitcoin price is currently consolidating just below the psychological level of $ 85,000 after a historic bull race which pushed it to new Highs of all time (ATHS). Despite the recent downward trend, Saeed is optimistic that Bull Run is still underway. He said the market is cooling and does not crash, with a price action forming a waterproof flag, often a continuation signal after an upward trend.

However, the lowering scenario is always with potential fall at $ 74,000. Saeed noted that with the slowdown in the momentum and the compression of volatility, traders must prepare for an escape and a major break in the coming days. He said the potential decline in this target is still healthy in the broader trend.

Bitcoin
Source: Saeed on tradingView

Analyzing the structure of trends, the Crypto analyst has also confirmed that the price of bitcoin remains in a high increased trend. He noted that since the breakdown of $ 69,000, the previous ATH from 2021, the rally has been aggressive and directional, crushing the BTC bears in the process.

SAEED also pointed out that the price of Bitcoin has formed a series of highest and higher highs, respecting a steep upward trend line since early February. However, BTC now wraps up near the peaks, forming a tight range between $ 80,000 and $ 83,500.

Haussier scenario for BTC

Saeed has also described a bullish scenario to Bitcoin price. He said that a daily escape and a closure above $ 85,000 would confirm the continuation model, targeting $ 88,000 first, then $ 90,000. The analyst has added that the volume and structure of the candles will be essential to confirm the movement.

Meanwhile, the Crypto analyst has highlighted Key resistance and support areas be careful. He said the beach between $ 83,000 and $ 85,000 is immediate resistance because this area has repeatedly capped prices during recent sessions. As such, a daily closure above this area could trigger the next leg.

$ 88,000 is another resistance area, although it is in the short term if the BTC had to join. SAEED mentioned the range between $ 90,000 and $ 92,000 as the third resistance zone to monitor. He said this range is a psychological step and a possible magnet for the price of Bitcoin if the bulls burst properly.

SAEED mentioned $ 80,000, $ 76,500 and the beach between $ 72,000 and $ 74,000 as key support areas to monitor. He pointed out that the beach between $ 72,000 and $ 74,000 is the main support and the ideal retest level if the price of Bitcoin corrects, because it is the level where many bulls are probably waiting to buy.

When writing these data from CoinMarketCap.

Bitcoin
BTC merchant at $ 81,578 on the 1D graph | Source: BTCUSDT on tradingView.com

Istock star image, tradingView.com graphic

Editorial process Because the bitcoinist is centered on the supply of in -depth, precise and impartial content. We confirm strict supply standards, and each page undergoes a diligent review by our team of high -level technology experts and experienced editors. This process guarantees the integrity, relevance and value of our content for our readers.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleIs the worst? Ray Dalio says
Next Article The Ethereum Foundation welcomes Microsoft as the first Sponsor of Devcon2, Shanghai September 19-21, 2016

Related Posts

Bitcoin

From Wall Street to your wallet: token actions now available on Kraken

June 30, 2025
Bitcoin

Yuga Labs reveals the NFT roadmap other people for 2025-2026

June 30, 2025
Bitcoin

Apt to look down: the end of the accumulation of Crypto Aptos at 2 years old?

June 30, 2025
Add A Comment
Leave A Reply Cancel Reply

Single Page Post
Share
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Featured Content
Event

Philippine Blockchain Week 2025 Welcomes Global Web3 Trailblazers to Manila

June 9, 2025

Manila, Philippines – June 9, 2025 — As Philippine Blockchain Week (PBW) 2025 returns for…

Event

ETHMilan 2025 Returns With a Stellar Line-Up at One of Milan’s Most Iconic Venues

June 5, 2025

Milan, Italy – Mark your calendars! ETHMilan, Italy’s largest international Ethereum and Web3 conference, is…

1 2 3 … 49 Next
  • Facebook
  • Twitter
  • Instagram
  • YouTube

Is the XRP gear for a break? – These measures say yes, only if …

June 30, 2025

The successful author Ric Edelman radically changes the cryptographic investment strategy – Here is his new position: Report

June 30, 2025

Korean actions fly over the pledge of cryptography won by President Lee, Kakao Pay Doubles

June 30, 2025
Facebook X (Twitter) Instagram LinkedIn
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
© 2025 Altcoin Observer. all rights reserved by Tech Team.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 107,417.78
ethereum
Ethereum (ETH) $ 2,468.26
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.20
bnb
BNB (BNB) $ 656.41
solana
Solana (SOL) $ 157.04
usd-coin
USDC (USDC) $ 1.00
tron
TRON (TRX) $ 0.279471
dogecoin
Dogecoin (DOGE) $ 0.16467
staked-ether
Lido Staked Ether (STETH) $ 2,467.83