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Bitcoin (BTC) Price Prediction for April 6

Sun, 6/04/2025 - 11:20
How long can decline of Bitcoin (BTC) last?
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Bitcoin (BTC) Price Prediction for April 6
Cover image via U.Today

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Bulls could not hold the gained initiative until the end of the week, according to CoinMarketCap.

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Top coins by CoinMarketCap

BTC/USD

The price of Bitcoin (BTC) has dropped by 0.45% over the last 24 hours.

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Image by TradingView

On the hourly chart, the rate of BTC is near the formed support of $83,000. As most of the daily ATR has not passed yet, traders may witness a further correction to the $82,500 range by tomorrow.

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Image by TradingView

On the bigger time frame, there are no reversal signals yet. If the bar closes around the current prices or below, there is a chance of a test of the $80,000-$81,000 zone within the next few days.

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Image by TradingView

From the midterm point of view, the weekly candle is about to close with a long wick, which is a bearish signal. As the rate of the main crypto is far from its key level, one should focus on the interim area of $80,000.

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If a breakout happens, the accumulated energy might be enough for a move to the $78,000 mark.

Bitcoin is trading at $83,070 at press time.

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