Continuation can lead to higher prices

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On April 30, Bitcoin has increased by 0.73% year. At first glance, this may not seem much for an asset known for its volatility. But by 2025 he has already given some sharp movements that tell a deeper story. On April 7, Bitcoin dropped by 20% a year. Since then, it has staged an impressive recovery and is now consolidating around the annual opening at 93,548.

This manifestation has been driven by a strong technical structure. After breaking above 88,000, Bitcoin has maintained a bullish posture both at the highest and lowest deadlines. In the weekly graph, BTC respected the 50 EMA and formed a higher minimum of the major balance of around 54,000. It also kept well above the minimum of November at 66,810. These are key signs that the surface is still intact.

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However, a big question is the center and center for many traders: this movement is only a lower level below January peak about 110,000, or are we attending the beginning of a new push towards the maximum of all time?

Bitcoin has shown a clean structure of the clean market since it was above the level of 80,000 on April 9. Each run has been shallow and has given rise to a higher minimum. This type of price action speaks of demand that is introduced to each dip and is usually a sign of strength.

Now that Bitcoin has returned to the annual opening, we see what looks like a phase of accumulation. The price does not expand aggressively to the advantage or the other way around. Instead, moves sideways, which often sets the stage for the next break. If Bitcoin can keep above 93.548, the next level of radar key is the milestone of the round number of 100,000.

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Next to the Flip, if Bitcoin does not maintain this level, there are several disadvantages that are worth watching:

• 91.619: A clear swing low formed on April 24

• 90.561: An old break gap on the four -hour graph

• 88,500 – an old important resistance zone that could support its off

In case Bitcoin begins to break -below 88,000, it would be a significant change. It could indicate that the weekly graph is forming a low, which opens the door to get a deeper decline to levels like 74,000.

For now, however, Bitcoin remains in a bullish trend. The price has shown resilience and the structure continues to point. Whether it is commercialized in the short term or managing long-term positions, it is useful to stay focused on the structure and key levels instead of being trapped in emotions or headlines.

In the end, negotiation is less about prediction and more about preparation. When you look at the graphics, it’s about reacting to what the market shows you, without trying to force a bias. Bitcoin has more to prove, but the upward structure remains and in the coming weeks they could say.

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This item Bitcoin’s upward structure is still intact: the continuation can lead to higher prices Originally appeared in Benzinga.com