Bitcoin Short Term: key resistance at 88000
Apr 14, 2025 7:11 AM
short positions below 88000 with targets at 74000 & 66000 in extension.
Pivot: 88000
Our preference:
short positions below 88000 with targets at 74000 & 66000 in extension.
Alternative scenario:
above 88000 look for further upside with 95000 & 100000 as targets.
Comment:
as long as the resistance at 88000 is not surpassed, the risk of the break below 74000 remains high.
Supports and resistances:
100000
95000
88000
84598 Last
74000
66000
59000
Our preference:
short positions below 88000 with targets at 74000 & 66000 in extension.
Alternative scenario:
above 88000 look for further upside with 95000 & 100000 as targets.
Comment:
as long as the resistance at 88000 is not surpassed, the risk of the break below 74000 remains high.
Supports and resistances:
100000
95000
88000
84598 Last
74000
66000
59000
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