Bitcoin approaches a make-or-break resistance: will the bulls finally crack it? | Headlines | News | CoinMarketCap
04/12/2025 02:47
Bitcoin has been showing signs of life after a recent bounce, but it’s heading straight into heavy local resistance. With a crucial breakout or …
crypto.news5 minutes ago
bullish
Bitcoin
Read
XRP
Hyperliquid
Published on April 11, 2025 19:42 GMT+00:00edited on April 11, 2025 19:44 GMT+00:00
Bitcoin has been showing signs of life after a recent bounce, but it’s heading straight into heavy local resistance. With a crucial breakout or breakdown looming, this region could define the next major trend.
Bitcoin (BTC) has had a decent bounce after establishing a key swing low, but now it’s pressing into a critical resistance zone that could decide its next big move. In this breakdown, we’ll look at why this region matters, the confluences lining up, and what to expect next — whether it breaks out or continues the trend lower.
Key technical points:
- Price is approaching a major resistance confluence zone that includes the VWAPSR, 0.618 Fibonacci, and long-standing dynamic resistance.
- The apex zone is forming as daily support and dynamic resistance converge, setting up for …