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BTCUSD Daily Market Analysis—17 April 2025 by K9 Investments Trading

  • Writer: K9 Investments
    K9 Investments
  • 1 day ago
  • 3 min read


I've created a comprehensive mind map of the BTCUSD Daily Analysis that organizes all the key technical levels in a hierarchical structure.

💬 WhatsApp K9 Investments Trading here for FREE Gold Forex Live Trade Setups & Market Analysis. The current live market price of BTCUSD is $84,096. In this detailed analysis, we will explore the daily and 4-hour timeframes using a variety of technical indicators, including Fibonacci Retracement Levels, EMA, RSI divergence, and more.

Market Overview

Bitcoin (BTC) continues to capture the attention of traders and investors worldwide. As of today, the market price of BTCUSD is $84,096. Understanding the factors that influence its price, including support and resistance levels, can provide valuable insights for traders.

Support and Resistance Levels

Identifying support and resistance levels is crucial for effective trading strategies.

  • Daily Timeframe:

    • Support Level: $82,500

    • Resistance Level: $85,500

  • 4-Hour Timeframe:

    • Support Level: $83,000

    • Resistance Level: $84,800

Fibonacci Retracement Levels

Fibonacci retracement levels can indicate potential reversal points in the market. The key levels to watch for BTCUSD are:

  • 23.6% Retracement: $83,500

  • 38.2% Retracement: $82,800

  • 61.8% Retracement: $81,500

Exponential Moving Averages (EMA)

The EMA is a valuable tool for identifying trends. Here are the EMA levels for BTCUSD:

  • Daily Time Frame:

    • EMA 50: $83,200

    • EMA 100: $82,700

    • EMA 200: $81,500

    • EMA 400: $80,000

  • 4-Hour Time Frame:

    • EMA 50: $84,000

    • EMA 100: $83,500

    • EMA 200: $83,000

    • EMA 400: $82,000

RSI Divergence

The Relative Strength Index (RSI) is currently showing bullish divergence, indicating potential upward momentum in the BTCUSD market. Traders should monitor this closely.

Order Blocks

Order blocks are areas where significant buying or selling has occurred. For BTCUSD, key order blocks are located around:

  • $83,000 (Buy Order Block)

  • $85,000 (Sell Order Block)

MACD Analysis

The Moving Average Convergence Divergence (MACD) is also indicating a bullish crossover, further supporting the potential for upward movement in BTCUSD.

Summary of Key Levels

💡 BTCUSD Daily Analysis Summary by K9 Investments Trading – WhatsApp 🥇 FREE Telegram Channel: @K9_Investments_GoldTrading

Key Levels:

  • Daily Support & Resistance:

    • Support: $82,500

    • Resistance: $85,500

  • 4-Hour Support & Resistance:

    • Support: $83,000

    • Resistance: $84,800

  • EMA Levels:

    • Daily EMA 50: $83,200

    • Daily EMA 100: $82,700

    • Daily EMA 200: $81,500

    • Daily EMA 400: $80,000

    • 4-Hour EMA 50: $84,000

    • 4-Hour EMA 100: $83,500

    • 4-Hour EMA 200: $83,000

    • 4-Hour EMA 400: $82,000

  • Weekly Pivots:

    • Pivot: $84,000

    • Resistance 1: $85,000

    • Support 1: $83,000

  • Daily Pivots:

    • Pivot: $84,200

    • Resistance 1: $84,800

    • Support 1: $83,600

  • Fibonacci Levels:

    • 23.6%: $83,500

    • 38.2%: $82,800

    • 61.8%: $81,500

Fundamental Analysis and USD News

📈 Upcoming important USD news includes:

  • Federal Reserve Meeting: Insights into interest rates can significantly impact BTCUSD.

  • Job Reports: Employment data releases could also influence market sentiment.

Traders should stay informed about these events as they may affect BTCUSD prices.

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    Trading signals can help traders make informed decisions based on market analysis.

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    K9 Investments provides daily updates on market conditions and trading signals.

  7. Can I trade BTCUSD on mobile?

    Yes, many brokers offer mobile trading platforms for BTCUSD.

  8. What is the best strategy for trading BTCUSD?

    Using a combination of technical analysis and market news can enhance your trading strategy.

Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Please read and ensure you fully understand our Risk Disclosure. Not Financial Advice. Trade at your own risk. Take Partial Profits, Use Strict Stop Loss and Proper Risk Management.

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