Bitcoin (BTCUSD) Price Reaches an All-time High of $91,594

Bitcoin (BTCUSD) Price Forecast: April 24

Today, the Bitcoin price has reached an all-time high of $91,594, eyeing a break above the $109,358 previous peak value and generating significant interest across major trading platforms. The crypto has the potential for a bullish continuation pattern to reach above the mentioned resistance as the coin is an ascending channel, making higher highs and higher lows towards the upper resistance level. The coin has recently experienced a price surge. Due to this, the coin price might surge to break up its expected target of $100k, to hit the $109k upper resistance level, strengthening investors’ confidence in altcoins, and driving expectations for future gains.

Key Levels:
Resistance Levels: $90,000, $91,000 $92,000
Support Levels: $77,000 $76,000, $75,000

BTC (USD) Long-term Trend: Bullish (Daily Chart)

BTCUSD indicates an upward trend as it reaches an all-time high of $91,594, as the coin price experiences a notable price surge in its long-term perspective. The coin is trading at its peak value above the EMA-50, implying a high bullish trend. However, the market is presently facing overhead resistance at the recent high.
At the writing time, the Bitcoin price reached an all-time high of $91,594 above the EMA-50 shortly after the commencement of the daily session today amid market trends, signaling growing buying interest.

Therefore, if the bulls could increase their tension in the market, the price of Bitcoin will surge to its target of $100k, indicating growing confidence in the cryptocurrency across different investor categories.

Meanwhile, further upsides are likely as the price signal points upward, suggesting the potential for a bullish continuation pattern and may likely reach an all-time target at $109k soon in the long-term outlook.

BTC (USD) Medium-term Trend: Bullish (4H Chart)

A sharp rise is notable in the Bitcoin price as it reaches an all-time high of $91,594, drawing the attention of investors and analysts to the crypto medium-term outlook.
The coin price remains in a bullish trend, suggesting the high impact and interest of the coin investors.

The bulls are trying not to fall this time around as the BTCUSD bullish continuation pattern reached an all-time high of $91,594 above the supply levels shortly after the commencement of the 4-hour chart today.

The market price of BTCUSD at a $91,594 high level above the moving average, suggests an uptrend in the context of the strength of the market. Thus, closing the 4-hourly session above the current price value will put the trade more on the buying side, driving future price movement in the crypto market.

Hence, the Bitcoin pair pointing up on the daily stochastic suggests that the price has the potential for a bullish continuation and suggests a possible recovery of the all-time target of $109k soon in the lower-term view.

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