Bitcoin Aims for $90K: Bitcoin Price Evaluation – Crucial Levels to Monitor in May

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continues to fascinate investors with its fluctuating price dynamics and trading market impact. In this comprehensive Bitcoin price assessment, we delve into the most recent trends, essential price floor and barrier level points, along with technical metrics influencing BTC’s path in 2025. Regardless of whether you are an experienced crypto holder or a digital currency enthusiast, this guide provides practical insights to navigate the tumultuous trading market. Remain updated and make informed decisions using our expert analysis.

$BTC price remained stable throughout the weekend, opening at the same level and not generating a gap.

Once futures launched, it didn’t take long for $BTC and $GOLD to rise swiftly as equities dipped.

Quite an intriguing shift which is now compounding on the… https://t.co/nWsZylmYoW pic.twitter.com/lL5jz3VLov

— Daan Crypto Trades (@DaanCrypto) April 21, 2025

Daan has identified something crucial. Such a strong opening right as trading commenced is an encouraging indicator! There is no CME gap down near $84,000, which is positive since these gaps usually get filled. With none present, things just got even more engaging.
Ensure to catch up if you haven’t read the last article here.

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Bitcoin Price Evaluation – Let’s Examine It

(BTCUSD)

On the weekly chart, the MA50 acted as price floor, resulting in a rebound two weeks ago. Will we witness another bounce similar to last year? The same candle that wicked and closed above the MA50 established a SFP at the $78,000 level. In this higher timeframe, the structure continues to exhibit optimistic characteristics.

(BTCUSD)

On the daily chart, the trend appears to be quite uptrend. The pattern somewhat resembles Head and Shoulders, though it’s not quite accurate since the shoulders aren’t distinctly defined. Regardless, the initial trendline has been breached. My highlighted zone has been significant, and the price spent considerable time within this dip, although it went lower at times. I will discuss that in the upcoming chart.

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1D RSIs and Insights for Lower Timeframe Trading

(BTCUSD)

This 1D chart centers on the RSI and moving averages. As observed, the price has recently reclaimed the MA50 and is close to the MA200, with the MA100 positioned above. For a definitive uptrend structure, we’ve got to see the price exceed all MAs. The RSI has displayed a uptrend divergence akin to last summer’s trend. It lasted roughly one month, and it took an additional two to three months for prices to break through and enter price discovery. How long will the current range last? As it stands, I’d like to see it recover the $92,000 mark.

(BTCUSD)

Here are observations from the 4H—the previously mentioned structure of higher highs and higher lows discussed in this recent article—give it a read. It broke down, and if someone were paying attention, they could have capitalized on a solid 2R short trade. When the price dipped to $75,000, a uptrend divergence formed, providing another chance for a 2R long trade. Missing entry points can be challenging, but avoid succumbing to FOMO!

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The article BTC Targets $90K: Bitcoin Price Analysis – Key Levels To Monitor Into May was first published on 99Bitcoins.