BTCUSD Daily Analysis Based on Main Key Levels - April 17, 2025

📌 Current Market Price: 84,401

Key Price Structure

Resistance (Above Price):

🔥 85,152 - Immediate resistance

🔥 85,860 - Optimal sell zone

🔥 86,651 - Strong resistance

Support (Below Price):

🛡️ 84,225 - Intraday equilibrium

🛡️ 83,299 - Primary support

🛡️ 81,410 - Critical demand zone

Swing Levels:

↗️ Swing High: 88,772

↘️ Swing Low: 81,138

Trade Setup 1: Intraday Buy

🎯 Entry: 81,410 (Key support level)

⚠️ Stop Loss: Below 80,500 (Psychological level)

💰 Take Profit 1: 83,299

💰 Take Profit 2: 84,225

Technical Confluence:

Bullish RSI divergence forming on 4H chart

61.8% Fibonacci retracement support

Trade Setup 2: Intraday Sell

🎯 Entry: 85,860 (Key resistance level)

⚠️ Stop Loss: Above 86,651

💰 Take Profit 1: 84,225

💰 Take Profit 2: 83,299

Technical Confluence:

Bearish MACD crossover on daily timeframe

Price rejection at 78.6% Fibonacci extension

Technical Snapshot

Fibonacci Levels: 83,299 (38.2%), 81,410 (61.8%)

Momentum: RSI at 54 (neutral territory)

Price Action: Consolidating between 84,225-85,152

Risk Management Notes

🔹 Position sizing ≤ 2% of capital per trade

🔹 Avoid trading during high-impact news events

🔹 Monitor Bitcoin dominance for market sentiment