Bitcoin demonstrated decisive force on Saturday, firmly raising the critical resistance zone in the amount of $ 85,000 to trade about $ 85,050. This technical breakthrough seems to be supported by the consistent interest of purchases that arise as market models that are very similar to previous bitcoin, there are continues to develop.
Market data confirm that Bitcoin overcame a significant overhead resistance while maintaining key basic support levels. The indicators of the flow of the chain simultaneously assume renewable accumulation and reduction of sales pressure on the main exchanges.
Why is Bitcoin’s Ma50 and RSI Action Supervision support are key signals
The technical analysis, separated by the ASH Crypto market observer, indicates two key indicators that traders carefully monitor the Bitcoins weekly diagram, a 50-week sliding medium (MA50) and relative force (RSI) at about 44th level.
Bitcoin is preparing for the next trip, and we must follow these two indicators in the weekly diagram.
The weekly MA50: MA50 became the strong support of bitcoins in previous bull markets.
The weekly RSI 44: in each bull cycle, RSI becomes support and bounces several times. In this … pic.twitter.com/mcypgyx2oq
– ASH CRYPTO (@ashcryptoreal) April 11, 2025
In past bull markets, the MA50 acted as a reliable level of support for bitcoins, setting a base for stable rallies. The current price behavior suggests that BTC continues to respect this historical trend, which makes the MA50 an important link to assess the integrity of the trend.
In addition, the RSI weekly defense at the Key 44 level, during recent kickbacks, reflects the action observed in previous cycles, where this zone acted as a springboard.
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Since the RSI has strongly bounced from this area and currently retains more than 70 – a condition that often correlates with sustainable purchasing power – the price action seems to be consistent with past successful models of the cycle.
Echo of past runs: Bitcoin seems to follow the historical scenario
The history of Bitcoin’s price reflects the long -term cycle structure marked by rallies, stages of consolidation and impulse updating. The ongoing period of 2023-2025, apparently, follows the same scheme as the earlier cycles from 2015-2017 and 2019-2021.
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The analysis of the diagram shows that Bitcoin always follows its trend in the sliding average during the bull phases, while the price action is growing after the asset supports above these technical levels.
With cleaning 85 thousand dollars, what do the diagrams offer for bitcoin further?
Currently, the BTC is conveniently traded above this significant sliding zone, increasing the analysis, suggesting the continuation of the potential up.
Adding belief, RSI broke past 70 zones, a level historically related to an increased bull impulse. RSI Trendline support signals that buyers continue to dominate, agreeing with the previous behavior in the Bull market market.
During this report, Bitcoin is trading about $ 85,050. Its total market capitalization stood about 1.68 trillion dollars. Its daily bidding is $ 29.62 billion, while the circulating offer was recorded at 19.85 million BTC from the maximum restriction of 21 million.
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