Technical analysis by ForexClinik about Symbol BTC on 4/15/2025

BITCOIN is kissing a critical resistance zone.Bitcoin is currently kissing a critical resistance zone, hovering around the $85,500 level. This region aligns closely with a descending trendline that has historically capped BTC rallies, and this test comes after a sharp recovery from a local low near $74,000, a drop that was triggered in tandem with broader risk-asset selloffs following U.S. tariff announcements and rising global macroeconomic tension.Technical AnalysisThe descending trendline (marked in blue on the chart) acts as a key resistance.A daily close above $85,800 - $86,200 could confirm a breakout, potentially paving the way for a fresh attempt toward the $90,000 psychological level.Conversely, failure to break and hold above this resistance could cause a rejection and pullback.Immediate downside support lies at the previous local low (~$74,000), and below that, the next strong support zone is around $69,000 (yellow block on chart).Fundamental BackdropBitcoin continues to be driven by macroeconomic news, institutional flows, and growing ETF inflows.If fundamentals remain bullish, including continued institutional accumulation, favorable regulatory developments, or increased on-chain activity, they could fuel momentum for a breakout.The market doesn’t reward assumptions — it rewards preparation.Whether it’s a breakout or a pullback, risk management should always come first. As always, protect your capital before thinking of profit. Use stop-losses, scale your entries, and avoid over-leveraging in volatile zones like this.What’s your take on BTC at this juncture?Do you see a breakout brewing, or is this another trap for over-leveraged bulls?Let’s discuss