Technical analysis

Bitcoin Wave Analysis – 22 April 2025

Bitcoin: ⬆️ Buy

– Bitcoin broke round resistance level 90000.00

– Likely to rise to resistance level 95000.00

Bitcoin cryptocurrency today broke the resistance area between the round resistance level 90000.00 and the 38.2% Fibonacci correction of the downward wave (A) from January.

The breakout of this resistance area should accelerate the C-wave of the active ABC correction (B) from March. 

Bitcoin cryptocurrency can be expected to rise in the active C-wave to the next resistance level 95000.00 (former strong resistance from the start of March).

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