Top Crypto Analyst Reveals Key Support and Resistance Levels of Bitcoin
21 April 2025
|
14:30
Bitcoin (BTC) continues to capture the attention of traders and investors alike as it remains in a crucial price zone.
According to recent insights shared by crypto analyst Ali (@ali_charts), the leading cryptocurrency is currently holding a key support level at $82,690. This level has become an important marker for many in the market, and it appears to be vital for maintaining upward momentum in the near term.
Key Support Level: $82,690
The $82,690 support level is critical for Bitcoin’s price stability. If Bitcoin fails to hold this support, it could face further downward pressure, leading to potential tests of lower price levels. The chart accompanying Ali’s analysis shows that this support has significant backing from addresses that acquired Bitcoin in the range between $57,493 and $72,500. With 1.8 million addresses at stake in this price zone, the support is not easily broken.
On the flip side, BTC‘s main resistance level to watch stands at $95,620. This is the price at which the cryptocurrency is likely to face significant selling pressure. The resistance zone is backed by 1.6 million addresses, and with a total volume of 1.09 million BTC, it’s clear that there is substantial resistance in this area.
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP.
Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem.
To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem.
His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.