Log in

PRO
Market Direction

BTC eyes $78,000 as next target

Published: Apr 1, 2025
0
Share:

As the crypto market grapples with volatility, Bitcoin is testing key support levels while traders await direction. Let’s explore the latest technical analysis for BTC and what’s next in this unpredictable market.

Post Feature Image

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.


  • BTC's Open Interest has pulled back a tad whilst Funding remains close to 0.00%, indicating that there isn't a huge appetite amongst traders to be placing heavy leverage bets.
BTC's open interest (by number of coins):

AD_4nXfHtEY7ohItmADVeYRovOb5zGLM3Wy1S19_S2iVilcJ_nBJD_DtvonnUx9e-qKeR5K7XacEPeOMKuoUvAWmn9_MD27dIIoZ_ziCXBkmezbAPaNabm3MipE_iNqcwAHLyPIFn2lGMw

Technical analysis

  • Price rejected into the $87k to $88k region (our Short Box), and price has pulled back to $82k, which we have identified as a local support.
  • $81,500 to $82,000 is the local support zone, and the price has bounced slightly from there over the last 24 hours.
  • There is now a very local resistance at $84,500, with $87,200 as a more meaningful resistance. Beyond that, the key level is $91,700. But, we don't expect this level to be even tested anytime soon.
  • Below $81,500 to $82,000 (the local support), the major support is likely the zone between $76,000 and $78,000.
  • Interestingly, the RSI broke out of its downtrend, it pulled back to retest the downtrend as support, and it's now bouncing. However, it does remain below its moving average.
AD_4nXdT_MTQgjmN80aOR0I57LWpCXjCFKUCXUYSr7PNlRVMI4WRaxQxbxpAevhgk9oSDi9yT3o7nQ1OFXqEx9MWGbJlzfob4SDzgtmDTUD9VQvg1kp9h6aGzQ8SRWo8UA5DnDub_N_C
  • Next Support: $81,500
  • Next Resistance: $87,200
  • Direction: Bearish
  • Upside Target: $85,500
  • Downside Target: $78,000
Get the latest Bitcoin price prediction—dive into our detailed analysis to stay one step ahead!

Cryptonary's take

Bitcoin is in a tighter range between $81,500 and $87,200, however, the levels on either side are also open. These would be $78,000 and $88,500. We don't, however, expect any major upside in the short-term, and in fact, we are quite confident that this price range will break, and the break will be to the downside.

The market is on edge going into Trump's reciprocal tariff announcement tomorrow, and even if that comes in lighter than expected (we don't think it will), then any rally off the back of it we expect to be short-lived.

Ultimately, in the short or medium term, we do expect the price to break down and eventually retest that $76,000 to $78,000 level. We'll exercise patience in the meantime.

100% Success Money Back Guarantee

If our approach doesn’t outperform the overall crypto market during your subscription, we’ll give you a full refund of your membership. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.

Terms & Conditions apply

Star

Trusted by 300,000+ traders

Take your next step towards crypto success

Save 50%

$799/year

Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.

VisaCardImageMsCardImageCoinbaseCardImageSolanaCardImage

For your security, all orders are processed on a secured server.

What’s included in Pro:

  • Success Guarantee, if we don’t outperform the market, you get 100% back, no questions asked

  • 24/7 access to experts with 50+ years’ experience

  • All of our top token picks for 2025

  • Our latest memecoins pick with 50X potential

  • On hand technical analysis on any token of your choice

  • Weekly livestreams & ask us anything with the team

  • Daily insights on Macro, Mechanics, and On-chain

  • Curated list of top upcoming airdrops (free money)

Our track record speaks for itself

With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.

/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp

Frequently Asked Questions

Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.

No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.

Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.

We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.

Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.

Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.

If our approach to the market doesn’t beat the overall crypto market during your subscription, we’ll give you a full refund of your membership fee. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.

Recommended from Cryptonary
BTC, ETH and More: Bullish Breakouts and Critical Resistance Tests
PRO
Market Direction
BTC, ETH and More: Bullish Breakout...The majors broke upside on positive macro news, now testing key resistances. Watch for bullish conti...
8 min read
Oct 27, 2025
BTC, ETH and More: Breakouts Loom on Pennants, Key Levels Ahead
PRO
Market Direction
BTC, ETH and More: Breakouts Loom o...The market is coiling in pennants after the inflation beat. All eyes on major resistance and breakdo...
6 min read
Oct 24, 2025
BTC, ETH, and More: Double Bottoms and a Critical Bounce
PRO
Market Direction
BTC, ETH, and More: Double Bottoms ...Markets rebound off key lows, BTC and major alts flash double bottom signals. Will support hold for ...
6 min read
Oct 20, 2025