Technical analysis by sorooshx about Symbol BTC on 4/22/2025

Current Price: $90,700 (+4%)📊 Technical Overview• 200-Day MA: $88,356 – BTC is trading above it → Bullish sign• RSI: 78 – Overbought zone → Possible pullback• Resistance: $90,000 – Key psychological level• Support: $85,000 – Watch this level on retracement🔗 On-Chain Insight• Long-Term Holders: Some distribution happening → Profit-taking• Network Activity: Steady → Healthy usage• Sentiment: Bullish → Weak USD + institutional inflows🧭 Macro & Fundamentals• U.S.–China tensions + Fed uncertainty → BTC seen as safe haven• Institutions are increasing their exposure → Positive market signal✅ Summary:BTC shows strong bullish momentum, but RSI is overheated. Stay alert for potential short-term correction. Key levels: $85K support / $90K breakout.