$BTC
BTC/ 12 Hours
Daily Bitcoin Report (04/12/2025)
After the strong rise yesterday, Bitcoin is consolidating with a slight downward trend, showing reduced volatility. The price is moving laterally in the range of US$ 92k, demonstrating that the market is digesting the gains and waiting for new catalysts.
Yesterday's macro factor (optimism with the Fed) lost strength as a driver, and investors are now focusing on the immediate technical resistance at US$ 93,000, the peak of the recovery on 03/12. Institutional demand remains present, but trading volume has cooled off in the last 12 hours.
On the chart, BTC remains above the crucial support of US$ 89,500. If this level is lost, the price may revisit the main support of US$ 86,000. On-chain data shows that the Large Wallets (Whales) are in a light accumulation mode, buying in the range of US$ 90,000, which limits sharp declines.
BTC dominance remains stable, indicating that strength is still in the main asset.
The overall market sentiment is "Neutral," reflecting the current indecision.
Short-Term Implication: Holding above US$ 90,000 suggests a continuation pattern after the pause. However, failure to break US$ 93,000 soon may lead to a pullback to test the US$ 89,500 zone, seeking liquidity for a new attempt.
