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

Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.

Related Instruments