🟡 BTCUSD Daily Market Analysis—April 29, 2025 by Kohinoor Free VIP Signals

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Current Market Overview

As of today, the live price of Bitcoin (BTCUSD) is 94,338 USD. In this analysis, we will explore the daily and 4-hour time frames using various indicators, including Fibonacci Retracement Levels, EMA, RSI divergence, Weekly and Daily Pivots, Smart Money Concepts (SMC), Support & Resistance Levels, Order Blocks, and MACD to provide a comprehensive market outlook.

Market Indicators

Support & Resistance Levels

Understanding support and resistance levels is crucial for trading decisions. Here are the key levels:

• Daily Support Levels:
  

  • Level 1: 93,000 USD

  • Level 2: 92,500 USD

  • Level 3: 92,000 USD
    

• Daily Resistance Levels:
  

  • Level 1: 95,000 USD

  • Level 2: 96,000 USD

  • Level 3: 97,500 USD
    

Fibonacci Retracement Levels

Fibonacci levels help identify potential reversal zones. The key swing levels for today are:

• Retracement Levels:
  

  • 23.6%: 94,000 USD

  • 38.2%: 93,500 USD

  • 61.8%: 92,800 USD
    

Exponential Moving Averages (EMA)

The EMA provides insights into the trend direction:

• Daily Time Frame:
  

  • EMA 50: 94,500 USD

  • EMA 100: 93,800 USD

  • EMA 200: 92,700 USD

  • EMA 400: 91,500 USD
    

• 4-Hour Time Frame:
  

  • EMA 50: 94,200 USD

  • EMA 100: 93,700 USD

  • EMA 200: 92,600 USD

  • EMA 400: 91,800 USD
    

RSI Divergence

The Relative Strength Index (RSI) is currently at 62, indicating a bullish trend but suggesting caution due to potential overbought conditions.

Order Blocks

Identifying order blocks can help traders understand where significant buying or selling pressure may occur. Key order blocks are located around 93,000 USD and 95,500 USD.

MACD Analysis

The MACD indicator shows a bullish crossover, suggesting potential upward momentum in the market.

Summary

💡 BTCUSD Daily Analysis Summary by Kohinoor Free VIP Signals

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Key Levels Summary

• Daily Support: 93,000, 92,500, 92,000 USD
  

• Daily Resistance: 95,000, 96,000, 97,500 USD
  

• EMA Levels:
  

  • Daily: 50 (94,500), 100 (93,800), 200 (92,700), 400 (91,500)
    

  • 4-Hour: 50 (94,200), 100 (93,700), 200 (92,600), 400 (91,800)
    

• Weekly Pivots:
  

  • Pivot: 94,500 USD
    

  • Resistance: 95,500 USD
    

  • Support: 93,000 USD
    

• Daily Pivots:
  

  • Pivot: 94,000 USD
    

  • Resistance: 95,000 USD
    

  • Support: 93,500 USD
    

• Fibonacci Levels: 94,000, 93,500, 92,800 USD
  

Fundamental Analysis and Upcoming USD News

In the upcoming week, important USD news includes the Federal Reserve's interest rate decision and employment reports, both of which can significantly impact the BTCUSD market. Traders should stay updated on these events to make informed trading decisions.

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