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02.04.202504:49 Forex Analysis & Reviews: Bitcoin Forecast for April 2, 2025

Bitcoin (BTC)

After reaching the support level of 81,231 (the approximate low from March 4 and 18), the price approached the MACD line (86,038). A breakout above this line would allow further growth toward the next target level, 90,873, and then 94,966.

Exchange Rates 02.04.2025 analysis

The simultaneous upward reversal of the Marlin oscillator from the zero line, combined with the price rebound, increases the likelihood of this bullish scenario. Overall, the rise in cryptocurrencies is associated with new risk-on sentiment in the markets.

On the H4 chart, the MACD line is slightly below today's high of 85,554.

Exchange Rates 02.04.2025 analysis

A consolidation above this recent high would indicate that a new group of bulls is joining the upward momentum. The Marlin oscillator is in positive territory. Increased volatility is possible near these key resistance levels.

*تعینات کیا مراد ہے مارکیٹ کے تجزیات یہاں ارسال کیے جاتے ہیں جس کا مقصد آپ کی بیداری بڑھانا ہے، لیکن تجارت کرنے کے لئے ہدایات دینا نہیں.

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