Breaths were held in the Bitcoin market. The recovery efforts, albeit limited since March, divided investors into two. While prices have difficulty over resistance levels, the eyes are now turned into a legendary graphics system called Bitcoin Rainbow Chart. So, what awaits BTC investors on April 30, 2025? As Kriptokoin.com, we explain the details.
Bitcoin stuck in the $ 86,000 band: Is the rise, a decline?
Bitcoin is currently trading at $ 86,470. BTC, which has lost about 10 %since the beginning of the year, tested the range of $ 88,200 – 88,470 three times in recent weeks. However, this region is still a strong wall of resistance. On the other hand, there is a solid support ground between the $ 86.220 – 86.460 dollars.
This narrow price range creates a serious indecision in the market. While short -term transactions are cautiously approaching, long -term investors are not yet willing to quit their presence. In this uncertain atmosphere, psychological analysis tools such as Bitcoin Rainbow Chart gain even more importance.
Bitcoin Rainbow Graph Data: Bitcoin in which area now?
Bitcoin Rainbow graph is a special graphics system that measures investor psychology by classifying price movements with colors.
Currently, BTC is located in the fourth place on this color scale in the “still cheap” area. This region is a December preferred by investors who think that the price still offers an investment opportunity. In order to stay in this region on 30 April 2025, BTC must be in a price range between 73,358 and $ 95,164.
If 95,000 dollars are exceeded, a new hodl! The wave can start
If the Bitcoin price exceeds the level of $ 95.164, according to Rainbow Chart, a new “HODL!” will enter the area. This psychological leap can trigger long -term retention among investors. In this case, BTC may technically rise to $ 125.174.
In particular, the re -testing of the highest level of all time at $ 108,000 may accelerate this movement. Analysts predict that investor confidence will increase rapidly in case of breaking resistance levels.
Reverse Scenario: Where is the critical threshold for the bottom purchase?
Of course, the market does not only move upward. The fact that Bitcoin landed below $ 73,358 will mean that according to Rainbow Chart, it will still fall below the “cheap” zone. These levels can offer new bottom purchase opportunities. However, the general market atmosphere still sees this possibility.
Analysis, Bitcoin’s “still cheap” and “HODL!” shows that you are walking around in their areas. This strengthens the likelihood of prices to move between 95.164 and 125.174 dollars on April 30.
Rainbow Chart data clearly shows how investor psychology has changed on certain price thresholds. The graph is now pointing to the “unstable optimism” zone. If the existing resistance levels are exceeded, it will not be surprising that Bitcoin has a harsh break at the end of April.
