Bitcoin (BTC) on Track for $90,000, Indicators Flash Bullish Signals?

Updated

April 17, 2025

Gambar Bitcoin (BTC) on Track for $90,000, Indicators Flash Bullish Signals?

Jakarta, Pintu News – Bitcoin has seen a 9% rise over the past week and is currently attempting to hold support above the key $88,000 level. Momentum indicators such as DMI and Ichimoku Cloud show clear bullish signals, with buyers controlling the market entirely.

If this trend continues, Bitcoin (BTC) could soon test higher resistance near $88,000, potentially reaching $90,000 or more. However, analysts warn that renewed uncertainty regarding Trump’s trade tariffs could disrupt this rally and trigger a pullback to the $81,000 support zone.

Check out the complete analysis below!

DMI Bitcoin Indicator: Buyers Dominate

Bitcoin’s (BTC) DMI chart shows a significant increase in trend strength, with the ADX rising to 29.54 from 24.07 yesterday. This increase indicates growing momentum behind the current movement, pushing the ADX close to the 30 threshold, which is widely seen as confirmation of a strong and sustained trend.

While the ADX rise doesn’t indicate direction on its own, when paired with directional indicators, it helps identify the market’s dominant forces.

This rise signifies that buyers have complete control over the market at the moment. Crypto market analysts suggest that Bitcoin (BTC) could surpass the next resistance target if this trend continues.

BTC Ichimoku Cloud Bullish Structure

Bitcoin’s (BTC) Ichimoku Cloud chart continues to show a bullish structure, with the price stabilising above the Tenkan-sen (blue line) and Kijun-sen (red line) lines. This positioning suggests that the short- and medium-term momentum remains favourable for buyers.

The flat Kijun-sen could act as a strong support area, while the rising Tenkan-sen suggests that buyers are still active in the shorter time frame. Looking ahead, the Kumo is green and rising, which reinforces the positive outlook for the upcoming session. The price is well above the clouds, signalling a bullish trend, and has also stabilised well.

There is also a clear distance between the current candle and the cloud, suggesting that the market has room for retracement without changing the overall structure. The bullish trend is technically intact as long as the price remains above the Kijun-sen and the cloud remains green.

Will Bitcoin Break $90,000 Soon?

If the current momentum is maintained, Bitcoin (BTC) price could soon challenge the resistance at $88,839, with $90,000 as a psychological milestone. If the uptrend remains strong, further targets are at $92,920 and potentially $98,484, marking a continuation of the bullish structure.

However, Nic Puckrin, crypto analyst and founder of Coin Bureau, warned that this momentum could be short-lived, noting that renewed uncertainty regarding Trump’s trade tariffs might weigh on BTC.

Overall, current macroeconomic factors seem to have been taken into account. However, markets remain wary of sudden surprises, as Trump’s latest tariffs go beyond conventional economic trends and disrupt almost every global financial market.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

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