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Btc Usd Price Action Update April 29 2025

BTC/USD Price Action Update – April 29, 2025

  • Admin
  • 29 April, 2025

Article overview

📊BTC/USD Price Action Update – April 29, 2025
🔹Current Price: 94,371.51
🔹Timeframe: 1H

📌Key Supply Zone (Resistance):
🔴95,781.91 – Major Resistance (previous swing high)

📌Key Demand Zone (Support):
🟢91,711–92,122 – Strong Demand Zone (major bullish origin area)

📈Bullish Outlook:
Price is consolidating between resistance and demand. If BTC holds above 94,000 and builds bullish momentum, we could see a retest of the 95,781 high. Breakout above 95,781 may trigger further upside.

📉Bearish Outlook:
Failure to hold 94,000 could lead to a drop toward the 91,711–92,122 demand zone. Watch for reaction at demand to find potential reversal opportunities.

⚡Trade Setup Tip:
✅Wait for clean break and retest above 94,500 for bullish continuation
✅Look for longs at 91,711–92,122 with confirmation
✅Use stop-loss carefully to protect against sharp moves

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