Bitcoin

Bitcoin(BTC/USD) Daily Chart Analysis For Week of April 11, 2025

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Technical Analysis and Outlook:
In this eventful trading week, Bitcoin surpassed our key and completed Outer Coin Dip 78700 and another Outer Coin Dip 74500 target. As a result, we have robust rally development, and current development suggests a continuing rally as it aims to target a Mean Resistance level of 85200 and to retest the completed Interim Coin Rally 88400. There is also potential for additional target expansions. It is essential to note that a downward momentum may arise from the rechallenge of the Interim Coin Rally 88400 and/or the Mean Resistance at 75200.

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