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Home»EXCHANGE NEWS»After Trump pauses the tariff, Bitcoin Rally —crypto Markets supports the movement.
EXCHANGE NEWS

After Trump pauses the tariff, Bitcoin Rally —crypto Markets supports the movement.

By Crypto FlexsApril 10, 20253 Mins Read
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After Trump pauses the tariff, Bitcoin Rally —crypto Markets supports the movement.
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Bitcoin Price has begun more new than the $ 80,000 zone. The BTC is now strengthening its profits and some can be modified to test zones of $ 80,500.

  • Bitcoin has begun more new than the $ 80,000 area.
  • The price is more than $ 80,500, a simple transaction per hour.
  • In the hourly chart of the BTC/USD pair (KRAKEN’s data feed), there was a break from the main weaker trend line with a resistance of $ 78,800.
  • The pair can start another increase by arranging the $ 83,500 zone.

Bitcoin prices increase more than 5%

Bitcoin prices have begun a new increase in $ 74,500. The BTC formed the default and gained speed for the movement of $ 78,500 and $ 80,000 or higher.

The bull has pumped more than $ 80,500 resistance. In the hourly chart of the BTC/USD pair, there was a break from the main weakness line with a $ 78,800 resistance. This pair even cleared up $ 82,500 resistance zones. The highest is $ 83,548, and the price is now a higher level of profit after 23.6% FIB from the $ 74,572 swing to $ 83,548.

Bitcoin Price currently trades a simple $ 80,200 and 100 -hour simple moving average. Conversely, immediate resistance is close to $ 83,200. The first main resistance is close to $ 83,500.

Bitcoin price
Source: TradingView.com BTCUSD

The next key resistance can be $ 84,500. The price may be higher than the resistance of $ 84,500. If specified, the price rises and can test the resistance of $ 85,800. No more profit can spend the price to $ 88,000.

Is DIP support in BTC?

Disadvantages may begin if Bitcoin does not rise from a $ 83,500 resistance area. Immediate support for the shortcomings is close to $ 81,400. The first main support is nearly $ 80,500.

The next support is now close to the $ 79,500 zone or a $ 74,572 swing and a low $ 83,548 height, which is close to 50% FIB. Loss is no longer a price of $ 78,000 in the short term. The main support is $ 75,000.

Technical indicators:

Time MACD -MACD is now getting pace from the strong zone.

Time RSI (Relative Strength Index) -The RSI of BTC/USD now exceeds 50 levels.

Major support levels -$ 81,400, $ 80,500.

Main resistance level -$ 83,500 and $ 84,500.

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