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🟡 BTCUSD Daily Market Analysis—April 23, 2025 by Kohinoor Free VIP Signals
- Kohinoor Free VIP Trading Signals
- Apr 23
- 3 min read
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Current BTCUSD Market Overview
As of today, the live price of Bitcoin (BTCUSD) stands at 93,162 USD. This analysis delves into the daily and 4-hour time frames, utilizing various technical indicators such as Fibonacci Retracement Levels, Exponential Moving Averages (EMA), RSI divergence, and more.
Market Analysis Section
Support & Resistance Levels
Understanding support and resistance levels is crucial for trading decisions. Here are the key levels identified for BTCUSD:
Daily Support Levels: 91,500, 92,000, 92,500
Daily Resistance Levels: 93,500, 94,000, 94,500
4-Hour Support Levels: 92,800, 93,000, 93,200
4-Hour Resistance Levels: 93,400, 93,800, 94,200
Fibonacci Retracement Levels
Using Fibonacci retracement, we can identify potential reversal levels. The key daily swing levels are as follows:
Retracement Levels:
23.6% at 92,500
38.2% at 92,800
61.8% at 93,400
Exponential Moving Averages (EMA)
Analyzing the EMA levels helps in understanding the trend direction. Here are the current EMA values:
Daily Time Frame
EMA 50: 92,000
EMA 100: 92,500
EMA 200: 92,800
EMA 400: 93,200
4-Hour Time Frame
EMA 50: 92,200
EMA 100: 92,600
EMA 200: 92,900
EMA 400: 93,100
RSI Divergence
The Relative Strength Index (RSI) currently shows a value of 55, indicating a neutral market. However, divergence patterns are forming, suggesting potential reversals in the near future.
Order Blocks
Identifying order blocks provides insight into market dynamics. Key order blocks on the daily chart are located around 92,500-93,000, where buying interest has been noted.
MACD Analysis
The MACD is currently trending upwards, indicating bullish momentum. The signal line is above the MACD line, suggesting a continuation of the upward trend.
Summary of Key Levels
💡 BTCUSD Daily Analysis Summary by Kohinoor Free VIP Signals – Contact Us
Key Levels:
Daily Support: 91,500, 92,000, 92,500
Daily Resistance: 93,500, 94,000, 94,500
4-Hour Support: 92,800, 93,000, 93,200
4-Hour Resistance: 93,400, 93,800, 94,200
Exponential Moving Averages:
Daily EMA Levels:
50: 92,000
100: 92,500
200: 92,800
400: 93,200
4-Hour EMA Levels:
50: 92,200
100: 92,600
200: 92,900
400: 93,100
Weekly and Daily Pivots
Weekly Pivots: 91,800, 92,600, 93,400
Daily Pivots: 92,000, 92,800, 93,200
Fibonacci Retracement Levels
Daily Levels: 92,500, 92,800, 93,400
Fundamental Analysis and USD News
📈 Upcoming important USD news includes inflation reports and employment data, which are expected to impact the BTCUSD market significantly. Traders should remain vigilant and adjust their strategies accordingly.
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Disclaimer
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