Bitcoin (BTC) just took a nosedive to 3-day lows by April 20’s weekly close—as if it’s auditioning for a slapstick comedy where the punchline is, “Hold your wallets, folks!” Analysts are waving red flags about a fresh liquidity shakedown next. Grab your popcorn! 🍿
Will Bitcoin Cross $83,000 or Just Cross Their Fingers?
CryptoMoon Markets Pro and TradingView data showed BTC/USD slipping 1.5% to $83,974, then trying its best impression of a boomerang—coming back up, but looking a little dizzy. 🥴
Even on weekends, Bitcoin plays it cooler than a cucumber in a salad—but don’t let that fool you. Support levels nearby look shakier than a Jenga tower in a tornado. 🌪️
Mark Cullen, the analyst who sounds like he moonlights as a skeptic-in-chief, thinks $83,000 isn’t the fortress it pretends to be.
His X (formerly Twitter, but who’s counting?) summation: “Bitcoin 90k liquidity still calling. BUT, I think the 83k level isn’t safe, those lows from last Sunday and Wednesday are likely to get run first.” Translation: Bitcoin’s looking both ways before crossing that street.
“THEN we wait for the reaction and bullish structure to build back inside the range low.”
Cullen and his merry band of optimists see Bitcoin loafing around between $83,000 and $86,000 this Easter weekend—no eggs cracked yet, just some price scrambling.
📈#Bitcoin Range Bound‼️
The long Easter weekend promises $BTC’s version of a soap opera: will it stay between 83k and 86k? After flirting with the highs late last week, Cullen bets on poking the lows before a big jump. #Crypto #BTC
— AlphaBTC (@mark_cullen) April 20, 2025
Meanwhile, Daan Crypto Trades reminds us all: it’s as slow as a snail in molasses this weekend. But hold that yawn, he warns next week could blow the heck up with any juicy headline or just some folks getting squeezed out like toothpaste. 🐌🎢
“Generally those moves are not one you want to be fading when it occurs. $83K-$86K is the range to watch in the short term.”
One chart even teased a “gap” from CME Group’s Bitcoin futures, which sounds more like a mysterious Bermuda Triangle for prices to get sucked into or shot out of. ✈️🕳️
Roman the trader sees an upside-down head and shoulders pattern—which honestly sounds more like a yoga pose—hinting at a return to some multi-month lows. His game plan? “If volume dips going to 76k, I’m buying like it’s Black Friday.” 🧘♂️💸
Is the Bitcoin Bounce Real or Just Another Comedy Sketch?
Rekt Capital, who clearly keeps a hawk-eye on charts while drinking his morning coffee, brings good news: Bitcoin popped out of its nasty downtrend like a champ, no flowers or violins needed.
“Bitcoin hasn’t just broken the Downtrend and successfully retested it as support for the first time since Downtrend formation,” he announced. Basically, it took the test, passed, and kept its dignity.
“But Bitcoin has also been able to sustainably maintain above the Downtrend for a period of several consecutive days now.”
Still, the fate of this downtrend haunted crypto watchers for weeks, stirring debates that are probably as heated as a family dinner during the holidays. 🍗🎭
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2025-04-20 17:01