empty
 
 
02.04.2025 04:49 AM
Bitcoin Forecast for April 2, 2025

Bitcoin (BTC)

After reaching the support level of 81,231 (the approximate low from March 4 and 18), the price approached the MACD line (86,038). A breakout above this line would allow further growth toward the next target level, 90,873, and then 94,966.

This image is no longer relevant

The simultaneous upward reversal of the Marlin oscillator from the zero line, combined with the price rebound, increases the likelihood of this bullish scenario. Overall, the rise in cryptocurrencies is associated with new risk-on sentiment in the markets.

On the H4 chart, the MACD line is slightly below today's high of 85,554.

This image is no longer relevant

A consolidation above this recent high would indicate that a new group of bulls is joining the upward momentum. The Marlin oscillator is in positive territory. Increased volatility is possible near these key resistance levels.

Laurie Bailey,
Analytical expert of InstaForex
© 2007-2025
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback