The post Bitcoin (BTC) Price Prediction for April 8 appeared on BitcoinEthereumNews.com.

The market drop has not lasted long, and most of the coins are back to the green zone, according to CoinMarketCap. Top coins by CoinMarketCap BTC/USD The rate of Bitcoin (BTC) has risen by almost 4% over the last day. Image by TradingView On the hourly chart, the price of BTC is on its way to the local resistance of $80,768. If the daily bar closes around that mark, there is a chance to see a level breakout, followed by a test of the $82,000 mark. Image by TradingView On the larger time frame, the rate of the main crypto is far from key levels. In this case, traders should focus on the candle’s closure.  Related If it happens with a long wick, there is a possibility to witness an ongoing drop to the $78,000 zone. Image by TradingView From the midterm point of view, it is too early to make distant predictions. If the weekly bar closes far from the support, the bounceback may continue to the $82,000-$85,000 area. Bitcoin is trading at $79,940 at press time. Source: https://u.today/bitcoin-btc-price-prediction-for-april-8

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Filed under: News - @ April 9, 2025 4:20 pm