Bitcoin Price Soars… Or Does It? April 11 Predictions!

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Well, well, well, look who’s making moves today – Bitcoin! According to CoinMarketCap, the market is *growing* – though I can’t help but wonder if it’s just a tiny jump or the start of something more. Only time will tell, but if history’s any guide, it’s probably going to be a wild ride either way. Hold onto your hats! 🎩

BTC/USD

Bitcoin (BTC) has managed to climb up by nearly 1% in the past 24 hours. Sounds impressive, right? Or at least… decent. No one’s breaking out the champagne just yet, but let’s give credit where credit’s due. 🍾

If we take a gander at the hourly chart, we see that BTC has hit a local resistance of $82,923. That’s right, $82,923, give or take a few cents. Now, don’t get too excited—unless you’re the type to throw confetti over minor victories. But chances are, we won’t see any wild swings tomorrow. The ATR has been almost fully played out, so it’s probably going to be a snooze fest for a while. 😴

But hold your horses! If that candle closes around the current price, we might just witness a breakout. Could we see BTC testing the $84,000 zone? Well, it’s possible, though I wouldn’t bet my lunch money on it. 🍔

On the bigger time frame, the situation is a little less exciting. Bitcoin’s price is far from any major levels right now, so it’s doing its thing in the $80,000-$84,000 range, going sideways. You know, just hanging out. Not quite bullish. Not quite bearish. Just… meh. But let’s face it, Bitcoin’s middle name might as well be “volatile,” so expect the unexpected. 🙄

Now, looking at the midterm, BTC tried (and failed) to break through the support at $76,000. Classic BTC move, right? If this weekly bar closes away from that level, we might just see a bounce back towards the $87,000-$90,000 zone. The drama is real, folks! 🍿

As of right now, Bitcoin is trading at a cool $81,940. Not bad, right? But let’s not get too ahead of ourselves. The rollercoaster isn’t over yet. 😏

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2025-04-11 18:51