Preface

In the previous analysis, we proposed several potential directions for BTC’s daily-level trend projections. As the market progressed, the current price action has closely aligned with the original expectations and is now approaching a critical resistance level.

BTC trend review

The chart below (Figure 1) shows the BTC daily-level price projection trend proposed in the previous article. It was divided into three paths: green, orange, and red. If the price follows the green path, there would be an opportunity for a volume-driven breakout through the white top-bottom conversion range.

(Figure 1, Source: TradingView 2025.4.22)

As seen in Figure 2, before the article’s deadline, the BTC price trend has been moving similarly to the previously planned green path. What we need to pay attention to here is whether the price, around the white upward arrow shown in the chart, will retest the upper edge of the white range, approximately at 91,700, to confirm price support and initiate the next upward wave, or consolidate above the range. This requires continued observation.

(Figure 2, Source: TradingView 2025.4.27)

Key Focus Areas and Target Prices for BTC

As shown in Figure 3 below, the price had successfully risen before the article’s deadline and reached the previous high of around $95,000. The next crucial observation is whether the price will perform a retest confirmation, with target focus on the two green horizontal lines at the following levels:

• Integer Level: 100,000
• Target price after breaking through the yellow descending trend channel: about 103,492

However, if the price retraces, it is necessary to pay attention to the positions of the upper and lower edges of the white zone, with prices being:

• Upper edge of the white channel: about 91,700
• Lower edge of the white channel (neckline): about 88,700

(Figure 3, Source: TradingView 2025.4.27)

Conclusion

Overall, the current BTC trend continues along the originally projected green path and has successfully tested the previous high. The next market focus will be on the support confirmation at $91,700 and whether the price consolidates above $95,000. If a breakout occurs, the next targets will be $100,000 and $103,492. If a pullback happens, close attention must be paid to the strength of support within the white range to respond to potential volatility and turning opportunities.