Bitcoin – Key Levels Drifting Out of Reach

by Marcus Klebe
02:51, 2025/04/09

Bitcoin – Key Levels Drifting Out of Reach

It’s not just the global equity markets showing weakness right now – crypto is also feeling the pressure. With prices moving lower, the $70,000 level is emerging as the next major support to watch.

Just recently, targets like $92,000 and even $100,000 were discussed in bullish scenarios. But for now, those levels seem further out of reach as Bitcoin’s trend has clearly shifted downward.

From a technical perspective, the $85,000 area stands out as a key zone. As long as BTC remains below that mark, sellers are likely to stay in control. Only a sustainable breakout above $85,000 would start to neutralize the bearish momentum and bring higher targets like $92,000 and $100,000 back into view.

Until then, caution is advised on the long side – and any sign of a shift in sentiment should be monitored closely.

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