Home » Bitcoin Faces Uncertainty After Wild Swings as Sell Signals Emerge

Bitcoin Faces Uncertainty After Wild Swings as Sell Signals Emerge

17.04.2025 8:00 1 min. read Alexander Stefanov
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Bitcoin Faces Uncertainty After Wild Swings as Sell Signals Emerge

Bitcoin has seen a volatile week, climbing over 7% and trading near $85,750 as of April 15.

The past few days featured intense swings—first, a sharp drop toward $75,000, followed by a rapid recovery that pushed prices up by more than 15%.

But despite the rebound, warning signs are flashing on the charts. Analyst Ali Martinez pointed out on social media that a popular technical indicator—the TD Sequential—is signaling potential short-term exhaustion on both the hourly and 4-hour timeframes.

Often used to anticipate trend reversals, the tool suggests that Bitcoin could be nearing another pullback.

Martinez didn’t offer a specific downside target, but recent data highlights two support zones: around $82,000, where nearly 97,000 BTC were recently accumulated, and a lower level near $79,000. A revisit of $75,000 can’t be ruled out, especially given the recent turbulence sparked by macro events like new trade policies.

On the flip side, there’s still fuel for optimism. Over the weekend, Bitcoin managed to break above its 50-day moving average for the first time since February—often seen as a bullish signal. If momentum holds, a move toward the $99,500 resistance area could be back on the table.

Still, uncertainty looms. The broader market remains cautious, and even small rallies could trigger profit-taking as traders remain wary of deeper corrections.

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.

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